Online edition of India's National Newspaper
Friday, Apr 25, 2008
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Online edition of India's National Newspaper Friday, Apr 25, 2008 ePaper | Mobile/PDA Version |
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Tamil Nadu
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Chennai
CHENNAI: The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) on Thursday invited the U.K.-based Mott MacDonald to conduct a feasibility study for the proposed industrial corridor of excellence that will run from Chennai to Bangalore. The industrial corridor is being developed in two phases, so Mott MacDonald has been given 20 weeks each to submit the study. The first phase will run from Chennai to Sriperumbudur and then to Ranipet. The second phase starts at Ranipet to reach Bangalore through Hosur. Industrial parks, Special Economic Zones, information technology parks and integrated townships are expected to come along the corridor. “Out of the four companies that responded to the global tender floated by the SIPCOT, only two firms fitted the bill. One bidder quoted Rs 1.77 crore, while MacDonald quoted Rs 50.5 lakh. We have asked them to complete the study within 40 weeks from the date of acceptance of the contract,” SIPCOT Chairman and Managing Director N. Govindan told The Hindu. Going by the success of Saint Gobain, Nokia, Hyundai and others, multinational companies started zeroing in on the State to set up their units in and around Sriperumbudur. Today, Sriperumbudur is a regional manufacturing hub for automobiles, electronics hardware and telecom firms, and Chief Minister M. Karunanidhi wants to make it a manufacturing hub of Asia. Sensing that the development would slowly extend beyond Sriperumbudur, the Industries Department mooted the Chennai-Bangalore, Coimbatore-Salem and Madurai-Thoothukudi industrial corridors. The Chief Minister wrote to Prime Minister Manmohan Singh, urging him to announce development of the Chennai-Bangalore corridor to provide globally competitive infrastructure and promote inclusive and sustainable industrial development. The Prime Minister’s Office gave the nod on April 1.
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