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Tamil Nadu
An agreement to this effect likely to be signed soon CHENNAI: The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) has invited the U.K.-based Mott MacDonald to conduct a feasibility study for the proposed Chennai-Bangalore Industrial Corridor of Excellence (ICE). An agreement to this effect is likely to be signed soon. ICE is being developed in two phases and hence Mott MacDonald has been given a time frame of 20 weeks each to submit the study. The first phase runs from Chennai to Sriperumbudur to Ranipet. The second phase starts from Ranipet to Hosur to Bangalore. Industrial parks, Special Economic Zone, Information Technology parks, integrated townships are expected to come along the corridor. “Out of the four companies that responded to the global tender floated by SIPCOT for this particular task, only two fitted the bill. One bidder had 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,” N. Govindan, SIPCOT Chairman and Managing Director, told The Hindu. Hearing the success stories of Saint-Gobain, Nokia, Hyundai and others, multinational companies are looking 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 move beyond the Sriperumbudur region, the State Industries Department mooted ICE concept from Chennai to Bangalore, Coimbatore to Salem, and Madurai Thoothukudi and informed Mr. Karunanidhi accordingly. Immediately, the Chief Minister wrote to Prime Minister Manmohan Singh urging him to announce Chennai-Bangalore ICE on the lines of the Delhi-Mumbai corridor to provide globally competitive infrastructure and promote inclusive, sustainable industrial development. The Prime Minister’s Office gave the nod for ICE on April 1, following which SIPCOT moved in swiftly and short-listed Mott MacDonald. Interestingly, Mott MacDonald is an employee-owned management engineering and development consultancy firm that provides services to private and public sector firms worldwide. “After receiving the final report from the Consultants, we will place it before the State Cabinet for final approval,” Mr. Govindan said.
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