STATE INDUSTRIES
PROMOTION CORPORATION OF TAMILNADU LIMITED (SIPCOT) |
SIPCOT is headed
by Smt. Yasmin Ahmed, a senior IAS who is also the President, COSIDICI
and thus represents the entire State Financial Sector.
The State of
Tamilnadu has made rapid progress in industrialisation making it into a
preferred destination for global business majors. One of the driving forces
behind such a success is SIPCOT which promotes and develops basic infrastructure
for all types of industries. SIPCOT has till date developed 19 industrial
complexes/parks/growth centres in all corners of the State and has placed
several backward and underdeveloped areas on the industrial map of the
country. It is also engaged in the business of developing industry and
assisting entrepreneurs. Entrepreneurship development programmes for members
of the weaker sections of the society are conducted by the Corporation
regularly with the objective of creating self-employment. SIPCOT also acts
as the nodal agency for the state govt. for sanction and disbursement of
incentives viz. subsidy, sales tax deferral and waiver.
SIPCOT has
been able to deploy the abundant natural resources of Tamilnadu successfully.
So far 9 industrial complexes, 4 industrial parks and 2 growth centres
have already been developed with more to follow. Basic amenities like water
and power supply, on site banking and telephone exchange logistics support
facilities like truck terminals and a sound infrastructure specially good
roads have been provided in addition to good connectivity to airport and
railway stations.
SIPCOT has
already sold over 6400 acres and another 9000 acres are ready for allotment.
The Corporation now proposes to develop 10,000 acres in different locations
viz. Industrial complexes/parks in Hosur, Ranipet, Gummidipoondi, Cuddalore,
Pudukottai, Manamadurai, Tuticorin, Nilakkotai, Bargur, Export Promotion
Industrial Parks at Gummidipoondi, Industrial Parks at Irungattukottai,
Sriperumbudur and Cheyyar and Growth Centres at Perundurai and Gangaikondan.
Globally renowned companies like Ashok Leyland (Hosur) Hyundai (Irungattukottai)
and the float glass manufacturer, Saint Gobain (Sriperumbudur) have set
up their units here. The salubrious climate of Hosur 45 km. from Bangalore
lured many entrepreneurs to set up their units there. More than 250 units
e.g. Titan Industries, Hindustan Lever and India Pistons, Lakshmi Automotive
Looms, Bata India Ltd. have been allotted plots here . The second phase
of the complex is ideal for general engineering, plastic, electrical and
electronic units.
The industrial
complex at Ranipet in Vellore District in a total area of 870 acres houses
Thirumalai Chemicals, Ultramarine, Malladi Drugs, Greaves Ltd., SRP Tools,
and Murugappa Morganite among others.
The Gummidipoondi
project on nearly 1,200 acres has units of DuPont, Hindustan Petroleum
Corporation (HPCL), Hi Tech Carbon, BPCL, Zenica Bio-Science and Kemin
International etc.
SIPCOT Export
Promotion Industrial Park (EPIP) on 224 acres at Gummidipoondi in Thiruvellore
District has been promoted with infrastructure of international standard.
It is the place for locating export-oriented units-garments, general and
non-polluting units having a minimum 33 percent export obligation. Industrial
Park at Irungattukottai in Kancheepuram District is one of the best choices
with infrastructure measuring upto international standards for setting
up automobile, auto ancillary, electronics, food processing, general engineering
and other non-polluting industries. So far, 44 units have been alloted
in the park. Hyundai Motors, Matushita Air Conditioning, India have their
facilities in the park. Sterlite and Kilburn Chemicals have set up their
operations at the 1,100 acres SIPCOT industrial complex in Tuticorin which
is situated close to the port. For chemical based industries, the Corporation
is developing an industrial complex in Cuddalore, in two phases. Fifty
eight industries have taken land of which 39 have commenced production.
TANFAC, JK PHARMA, Pentasia, SPIC, Vanavil Dyes, DSQ Bio-Tech are some
of the industries situated here. In Pudukottai, SIPCOT has developed an
industrial complex on 421 acres, essentially for locating steel casting
and industrial gases units. It is also suitable for general engineering,
plastics, electrical and electronic units and is only 40 kms away from
the Tiruchi airport.
The Corporation's
industrial complex at Nilakkottai in Dindigul is ideal for agro-based industries,
food processing, horticulture and floriculture units and light engineering
industries. SIPCOT is offering an information technology park in Siruseri,
Kancheepuram, exclusively for the IT sector and related industries. The
Park is to have facilities measuring upto world standards. Inter-alia,
it would have earth stations-- VSNL, Bharat Sanchar Nigam Ltd. and STPI
are setting up their base in the Park - optic fibre connectivity, intelligent
network, and international trunk dial-up. Besides, it is proposed to have
an all-in-one commercial complex, convention centre, theme park, 18 hole
golf course, luxury hotels, international schools and hi-tech residential
houses.
SIPCOT is also
establishing a business-cum-financial centre in Anna Salai (at Saidapet)
in Chennai, to accommodate banking and financial institutions like foreign
banks and holding companies. On completion, the Centre will also have house
information and data processing centres, finance and trade centre and exhibition-cum-convention
centres. The centre will have guest-house facilities, business, travel
and tourism centres and shopping and business services with excellent communications
network of nationwide and worldwide linkage for data transmission.
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