What is sipcot land?
WELCOME TO SIPCOT! State Industries Promotion Corporation of Tamilnadu Ltd (SIPCOT) was established in the year 1971 to develop industrial growth in Tamilnadu. SIPCOT has so far developed 24 Industrial Complexes in 15 districts and 6 Sector Specific Special Economic Zones (SEZs) across Tamil Nadu.
What are the activities of sipcot?
The Functions of State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) are:
- Development of industrial complexes/parks/industrial estate in Nallamballi Road growth centres with basic infrastructure facilities.
- Establishing sector-specific Special Economic Zones (SEZs);
What are the activities of Tiic?
TIIC provides financial assistance for purchase of land, machinery and construction of buildings. The purpose could be for setting up new units / expansion / modernization / diversification of existing industries. Assistance is extended to both manufacturing and eligible service sector industries.
What are activities of sipcot?
The Functions of State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) are: Development of industrial complexes/parks/industrial estate in Nallamballi Road growth centres with basic infrastructure facilities. Establishing sector-specific Special Economic Zones (SEZs);
What is Sidcos function?
The prime function of SIDCO was to identify potential growth centres in various parts of Tamilnadu. There is a network of 76 industrial estates in the State which are maintained by SIDCO. 32 of these were formed by the government initially and subsequently handed over to SIDCO.
Who introduced sipcot?
Government of Tamil Nadu
State Industries Promotion Corporation of Tamil Nadu
| Founded | 1971; 49 years ago |
|---|---|
| Founder | Government of Tamil Nadu |
| Headquarters | 19-A, Rukmani Lakshmipathi Road, Egmore, Chennai, Tamil Nadu, India – 600008 |
| Key people | Dr. Niranjan Mardi, IAS, (Chairman and MD) |
| Owner | Government of Tamil Nadu |
What do you understand by TIIC?
What is TIIC? Tamilnadu Industrial Investment Corporation Ltd. [TIIC] is a premier State Financial Corporation established in the year 1949. TIIC fosters industrial development in Tamil Nadu by providing financial assistance to industries for purchase of land, machinery and construction of buildings.