New industrial parks announced
Posted on: 20/Apr/2013 3:24:10 PM
Tamil Nadu Industries Minister P. Thangamani announced six new industrial parks, one each in Tindivanam, Oragadam, Tuticorin, Madurai, Sriperumbudur and Cheyyur.
‘The new park in Sriperumbudur will generate direct employment for 3,000 persons and indirect jobs to 20,000 persons. This park would be spread over 1,780 acres. Many MNCs have evinced an interest to establish units in their park.
‘The government has issued orders for 100 acres of land each to be allotted by SIPCOT for setting up separate industrial parks for investors from countries like Japan, Korea, Finland, Germany and France to attract more foreign investment. The allotment would be made after acquisition of lands in the Sriperumbudur industrial park expansion (Vallam-Vadagal scheme).
‘It is proposed to create a land bank of 20,000 acres to fulfill the Tamil Nadu Vision 2023 document.’
