State Industries Promotion Corporation of Tamil Nadu

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Last edited October 1, 2021
State Industries Promotion Corporation of Tamil Nadu Limited
Founded1971; 49 years ago
Founder(s)Government 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

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.

History[edit | edit source]

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[edit | edit source]

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[edit | edit source]

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.[citation needed]

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[edit | edit source]

References[edit | edit source]

  1. ↑ "SIPCOT History" (PDF). tn.gov.in. Retrieved 30 October 2012.
  2. ↑ "SIPCOT Function" (PDF). tn.gov.in. Retrieved 30 October 2012.
  3. ↑ [1]
  4. ↑ "SIPCOT Estates" (PDF). tn.gov.in. Retrieved 30 October 2012.
  5. ↑ "Industrial estate to come up in Dharmapuri district". The Hindu. 11 August 2006. Archived from the original on 19 December 2007. Retrieved 30 October 2012.
  6. ↑ "SIPCOT Estates". webtopicture.com. Retrieved 30 October 2012.

External links[edit | edit source]


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