The Tamil Nadu government is planning to set up an industrial park in Viluppuram district of the state. The park would be set up by the State Industries Promotion Corporation of Tamil Nadu (Sipcot), said finance minister K Anbazhagan .
The government has also allocated Rs 98 crore to the small industries department.
The minister said in the last four years, 37 new industries with an investment of Rs 46,091 crore have come forward to set up their units. This is will generate 222,000 jobs.
Among others, JK Tyres has come forward to establish a tyre manufacturing unit near Sriperumbudur with an investment of Rs 1,500 crore. The Mahindra group has also proposed an automobile plant near Cheyyar in Tiruvannamalai district with an investment of Rs 1,800 crore.
“With a view to encouraging dispersal of new industries throughout Tamil Nadu, additional incentives are being extended for setting up industries in industrially backward districts and particularly in the southern districts,” he said.
This had attracted the Videocon group to establish a colour television manufacturing plant and other electronic consumer durables at Manamadurai in Sivaganga district with an investment of Rs 1,600 crore, among others.