Jewellery Park

Coimbatore, a hub of the global gold jewellery industry, will soon have a gold jewellery industrial park in Kurichi SIDCO with an investment of Rs 126 crore, Tamil Nadu Chief Minister M K Stalin said on Wednesday. This project containing all facilities including a NABL-accredited laboratory, aims to provide direct employment to 2,000 people and indirect jobs to 1,500, he said, during his second-day visit to the city. "This announcement follows a request during my interaction with the representatives of Coimbatore Gold Jewellery Manufacturers, and the Coimbatore Goldsmiths' Association on November 5," the chief minister said at a government function here. He made a slew of announcements for Coimbatore including a new IT complex on 17.17 acre land in ELCOSEZ adjacent to the existing TIDEL park, that would employ 36,000 people, and extending the elevated flyover on the Avinashi Road for 5 km from Chinniyampalayam to Neelambur. A special project will be implemented in the Coimbatore ..

Commerce ministry to discuss proposal with FinMin

Commerce minister Suresh Prabhu lays the foundation, operations to start shortly; park will accommodate 4,800 units; small businesses to have equal say in the functioning