The Hindu : Front Page : Industrialists to meet CM, Maran

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Thursday, Sep 14, 2006
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Industrialists to meet CM, Maran

Special Correspondent

Seeking steps to expedite establishment of Information Technology park

HEAVY DEMAND: A view of the SIDCO industrial estate at Vazhavanthankottai near Tiruchi. — Photo: R.M. Rajarathinam

TIRUCHI: A delegation of the Tiruchi District Tiny and Small Scale Industries Association (TIDITSSIA) is expected to meet Chief Minister M. Karunanidhi and the Union Minister for Communication and Information Technology, Dayanidhi Maran, shortly, to impress upon them the need for promoting Tiruchi as an IT hub and expediting the works to establish an IT Park.

The willingness of a handful of international air operators, who are taking initiative to further augment international services from Tiruchi airport combined with the widening of national highways connecting the southern districts to reduce the travel time to Tuticorin port contribute to the situation.

"A conducive industrial climate prevailing in the district is reflected in the demand for sheds and plots promoted under the industrial estate concept. The need of the hour is a right initiative from the Central and State governments," said the president of the TIDITSSIA, S. Sridharan.

The delegation would impress upon Mr. Dayanidhi Maran the need for modernisation of Tiruchi airport without delay.

Excise duty exemption

Mr. Sridharan said the TIDITSSIA would also urge the Chief Minister to prevail upon the Union Finance Minister, P. Chidambaram, to provide excise duty exemption for industries, particularly pharmaceutical companies, to be set up at the proposed special economic zone and the integrated industrial park to be established by the Tamil Nadu Industrial Development Corporation (TIDCO) in Perambalur district and at Nanguneri in Tirunelveli district.

A large number of pharmaceutical companies had migrated to the northern States of Himachal Pradesh and Chattisgarh from Tamil Nadu in the recent past due to excise duty exemption and other attractive concessions available there.

Exempting them from the excise net and purview of sales tax would ensure their return to and reinvestment in the State, he said.

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