CHENNAI: Chief Minister J Jayalalithaa on Friday announced the setting up of three industrial manufacturing zones with high class infrastructural facilities and a competitive environment to bring about an industrial renaissance in the State.
The three zones would come up over 7,500 acres of land and a Special Purpose Vehicle would be formed to set up of these zones.
Jayalalithaa said the zones will come up in the first phase at Ottapidaram in Tuticorin District (1,500 acre), Katrambakkam in Vellore District (2,000 acres) and Hosur in Krishnagiri district (4,000 acres).
Recalling her earlier announcement that the quality of roads along Ennore port would be upgraded and roads connecting the northern part of the port would be laid to facilitate transportation of the goods manufactured at Orgadam, the CM said near these roads a heavy industries hub will come up over 1,000 acres.
The CM said SIPCOT has been taking steps to acquire 20,000 acres of land for large industries which come forward to invest in Tamil Nadu. To improve the industrial parks maintained by the SIPCOT, a `100 crore Industrial Infrastructure Consolidated Fund would be set up. With this fund, laying of roads along national and state highways, widening of roads and creating new water resources for industries would be undertaken.
`50 Crore for DICs’ Modernisation
Chief Minister J Jayalalithaa on Friday said her government would be spending `50 crore to modernise District Industrial Centres (DICs) to enable micro, small and medium industries to face the challenges thrown up by the globalisation and liberalisation policies of the Centre. She said the DICs functioning in their own buildings will be provided with modern facilities. Those industrial centres functioning in rented buildings will move to modern premises.