Madurai, June 29 (KNN) For the establishment of new SIPCOT Industrial park in Madurai district of Tamil Nadu the process of identifying a suitable site is currently ongoing, said S. Aneesh Sekhar.

He shared this information at the exports stakeholders meeting held at MADITSSIA hall on Tuesday.

The new industrial park is expected to boost industrial growth of the district.

“About 95 % of the manufacturing units functioning in the district were micro, small and medium enterprises (MSMEs) and two lakh people were employed in these enterprises,” said the collector.

He said that the government has implemented several schemes to enhance the development of industries.

Highlighting the potential of the state, he said that Tamil Nadu contributed to 8.97 % of the exports in 2020-21 wherein Chennai, Kancheepuram, Chengalpattu, Coimbatore and Tiruppur districts are doing well in the manufacturing sector.

Madurai district was selected in the list of 75 districts by Directorate General of Foreign Trade in the first phase for setting up District Export centres in order to promote exports.

He said that value addition and export of various agricultural products such as jasmine which has a Geographical Indication tag holds good scope in the market.  (KNN Bureau)