SIPCOT to set up 11 new industrial parks in TN, to create over 2 lakh jobs

The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) is establishing 11 new industrial parks in the state across all sectors that would generate more than two lakh jobs in the region, a report by the Confederation of Indian industry and KPMG.

The move comes against the backdrop of Tamil Nadu leading the states in ICT-based governance with several e-governance projects successfully implemented across the state.

Tamil Nadu was one of the first states in the country to formulate policies in the IT-ITeS sector in 1997. The industry has opened an opportunity for the promotion of software and service exports in the state.

In the automotive industry, the state has attracted major projects from various companies including heavy-duty vehicle manufacturer Ashok Leyland, automakers Hyundai Motor India, BMW, Renault Nissan, among others.

These large projects have triggered a multiplier effect by attracting many automotive and other ancillary industries around places such as Ennore, Oragadam (near Chennai), Tiruvallur, Sriperumbudur, Salem, Erode and Coimbatore.

“The State Industries Promotion Corpration of Tamil Nadu is in the process of establishing 11 new industrial parks in different parts of the state in the fields of automotive, chemical engineering and several other sectors,” the report said.

The industrial parks will generate jobs for over two million people and each park would be spread over 13,500 acres of land. Currently, Tamil Nadu has 21 industrial complexes and seven special economic zones spread across 12 districts.

“New industrial parks will emerge in Ramanathapuram, Tuticorin, Sivaganga, Kancheepuram, Nagapattinam, Theni, Krishnagiri and Tiruchirappalli,” the report said.

On the IT front, the report says that the government of Tamil Nadu has planned to issue a policy on Global Capacity Centers (GCCs).

According to the Minister of Information Technology and Digital Services, T Mano Thangaraj, the government was working on the policy and the draft policy was “in preparation”.

“We want to pay special attention to the Global Capability Centers. We are analyzing various aspects prevailing across the world and working on the right model. We will launch it in a month or two,” he said, quoted in the report. . .

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

Tamil Nadu has been a forerunner in harnessing technology to deliver cutting-edge solutions to governance challenges in the country, according to the report.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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