![]() Online edition of India's National Newspaper Wednesday, May 09, 2007 ePaper |
|
|
|
|
|
|
| Tamil Nadu |
|
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts: Classifieds | Jobs |
Tamil Nadu
Staff Reporter
CHENNAI: The Oragadam industrial complex will get a new electronics component export centre soon, while an engineering components export centre will be established in Perundurai. These were among the fresh initiatives announced by Chief Minister M. Karunanidhi during his reply to the debate on the demands for grants to the Industries department in the Assembly on Tuesday. The electronics export centre will be developed at an initial cost of Rs. 1,300 crore on a 285-acre site in the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) complex. It is expected to generate 23,000 jobs. The engineering export centre will focus on products such as pump sets and motors and will be built on 250 acres at the Perundurai SIPCOT complex. An additional 1,256 acres is being added to the complex. The Cheyyar auto component special economic zone is being extended by 2,250 acres. In an effort to protect groundwater resources, the SIPCOT complexes at Sriperumbudur, Irungattukottai and Oragadam will be given access to 18 crore litres of secondary treated recycled water. In two years, SIPCOT intended to set up a Rs. 500-crore tertiary treatment and reverse osmosis plant. TNPL forays The Tamil Nadu Newsprint and Papers Limited (TNPL) is foraying into two completely new sectors. As by-products, the company produces a large amount of fly ash and lime, which are dried in the TNPL compound at Karur before being sold to cement manufacturers. The company is stepping up its operations, with newsprint production almost set to double to 720 tonnes a day from August. Since the byproducts will simultaneously increase, the company has decided to set up its own cement factory in the Karur complex to utilise its own fly ash and lime and reduce air pollution at the same time. It is expected to produce 400 tonnes of cement a day when the Rs. 45-crore project is completed. The TNPL also proposes to venture into information technology. The company owns 63.5 unused grounds on the Ambattur Industrial Estate. It now plans to develop an IT Park on this land at a cost of Rs. 80 crore, creating 4,000 new jobs. The Chief Minister also announced that the Tamil Nadu Industrial Development Corporation would hold 11 per cent stake in the Bio IT Park, to be implemented as a public-private partnership project along with Ascendas. The Rs. 500-crore project can generate 8,000 new jobs. At the TICEL Bio Park in Taramani, a 5-lakh sqft laboratory will be constructed at a cost of Rs. 250 crore and is expected to create 2,000 new jobs. TIDEL Park III is coming up on a 25-acre site in Chennai. The public-private partnership project will absorb investment to the tune of Rs. 800 crore and account for 12,000 new jobs.
Printer friendly
page
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Home |
Copyright © 2007, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|