State Industries Promotion Corporation of Tamil Nadu

The State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) (Tamil: தமிழ்நாடு அரசு தொழில் முன்னேற்றக் கழகம் (வரையறுக்கப்பட்டது), Limited is an institution owned by the Government of Tamil Nadu. .

State Industries Promotion Corporation of Tamil Nadu Limited
Founded1971 
HeadquartersRukmani Lakshmipathy Road, Ezhumbur, Chennai-600 008.
Key people
Thiru Dr Niranjan Mardi, IAS, Principal Secretary/Chairman & MD for SIPCOT
OwnerGovernment of Tamil Nadu
Websitehttp://www.sipcot.com

History

The State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) was formed in the year 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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