State Industries Promotion Corporation of Tamil Nadu

The State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) (Tamil: தமிழ்நாடு அரசு தொழில் முன்னேற்றக் கழகம் (வரையறுக்கப்பட்டது) is an institution owned by the Government of Tamil Nadu to promote industrial growth in the state of Tamil Nadu.

State Industries Promotion Corporation of Tamil Nadu Limited
Founded1971; 49 years ago
FounderGovernment of Tamil Nadu
Headquarters19-A, Rukmani Lakshmipathi Road, Egmore, Chennai, Tamil Nadu, India - 600008
Key people
Dr. Niranjan Mardi, IAS, (Chairman and MD)
OwnerGovernment of Tamil Nadu
Websitewww.sipcot.tn.gov.in

History

The SIPCOT was formed in 1971 to promote industrial growth in the state and to advance term loans to medium and large industries.[1]

Functions

The Functions of State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) are:[2]

  • Development of industrial complexes/parks/industrial estate in Nallamballi Road growth centres with basic infrastructure facilities
  • Establishing sector-specific Special Economic Zones (SEZs);
  • Implementation of Special infrastructure Projects;

SIPCOT Estates

SIPCOT has established industrial complexes in 16 areas, according to the SIPCOT webpage. These include:

A new SIPCOT is going to be established in Dharmapuri,[5] Thiruvannamalai and Manapparai soon.

SIPCOT IT Park is the largest Information Technology Park in Asia, located in Padur, Siruseri, along the IT Corridor, Chengalpattu taluk, Chengalpattu District.[6]

See also
  • Industrial and Technical Consultancy Organisation of Tamil Nadu (ITCOT)
  • ITCOT Consultancy and Services Limited

References
  1. "SIPCOT History" (PDF). tn.gov.in. Retrieved 30 October 2012.
  2. "SIPCOT Function" (PDF). tn.gov.in. Retrieved 30 October 2012.
  4. "SIPCOT Estates" (PDF). tn.gov.in. Retrieved 30 October 2012.
  5. "Industrial estate to come up in Dharmapuri district". tn.gov.in. Retrieved 30 October 2012.
  6. "SIPCOT Estates". webtopicture.com. Retrieved 30 October 2012.


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