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SIPCOT to set up 11 new industrial parks in Tamil Nadu

Updated: Dec 05, 2022 08:51:03am
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SIPCOT to set up 11 new industrial parks in Tamil Nadu

Chennai, Dec 5 (KNN) The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) is in the process of establishing 11 new industrial parks in different parts of the state in automobile, chemical engineering and several other sectors, a Confederation of Indian Industry and KPMG report said on Sunday.

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As per the report, the industrial parks will generate employment for more than two lakh people and each park would be spread across 13,500 acre land.

The move comes in the backdrop of Tamil Nadu leading across states in information and communication technology enabled governance with several e-governance projects successfully implemented across the state.

Tamil Nadu has 21 industrial complexes, and seven special economic zones spread across 12 districts. "New industrial parks will come up in Ramanathapuram, Tuticorin, Sivaganga, Kancheepuram, Nagapattinam, Theni, Krishnagiri and Tiruchirappalli," the report said.

The state has also been successful in attracting investment to the automobile industry, the state has attracted major projects from various companies including heavy commercial vehicle maker Ashok Leyland, automobile manufacturers Hyundai Motor India, BMW, Renault Nissan, among others.

These major projects triggered a multiplier effect by attracting numerous auto and other ancillary industries around locations such as Ennore, Oragadam (near Chennai), Tiruvallur, Sriperumbudur, Salem, Erode and Coimbatore.

On the IT front, the report said the Tamil Nadu government has planned to come out with a policy on Global Capability Centres (GCC).

According to Minister of Information Technology and Digital Services T Mano Thangaraj the government was working on the policy and the draft of the policy was 'getting ready'.

"We want to give special focus to Global Capability Centres. We are analysing various aspects that are prevalent across the world and working on the right model. We will launch it in a month or two," he said was quoted as saying in the report.

The policy on GCC follows similar policy announcements by the government including the Tamil Nadu Cyber Security Policy, Safe and Ethical Artifical Intelligence policy, Tamil Nadu IT Policy among others.

Tamil Nadu has been a frontrunner in leveraging technology to offer cutting-edge solutions to governance problems in the country.  (KNN Bureau)

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