Country-specific industrial townships in TN

The Tamil government is planning to create a dedicated country-specific industrial townships near Chennai,where the investors can locate both their businesses and homes in the same place.
As a first step, the state government has identified Sriperumbudur and its adjacent areas to create dedicated townships for those investors from three countries such as Korea, Finland and Japan who have a major presence in and around Chennai, sources in the State Industrial Promotion Corporation of Tamil Nadu (SIPCOT) said. “The state government is said to have issued a neccessary government notification in this regard and the Corporation is in the process of acquiring anywhere between 1,500 acres and 1,800 acres at Sriperumbudur and its adjancent areas,” a SIPCOT official said. The investors can put up their projects other than pollution in nature apart from have their own residential complexes. The state government will provide all basic facilities. Industries such as auto components, electronic units are some of the segments can be put up there, the sources added. In addition to SEZs on apparel, leather, and engineering goods,the state government is also in the process of setting up a food SEZ at Nilakottai . The Corporation is working on the project and will soon identify land to house the project.
The state government has also started acquiring land ranging between 1,000 acres and 1,500 acres in places such as Madurai, and Tuticorin to woo major investments to these regions. The state government is already initiated necessary exercises in this regard.