Why choose sipcot??

Sipcot’s expansion plans

Tamil Nadu recorded an investment commitment of more than Rs 6.6 lakh crore at the Global Investors Meet (GIM) early this year, and more is expected over the next few years. To accommodate industry’s needs, the State Industries Promotion Corporation of Tamil Nadu (Sipcot) plans to double the number of industrial parks from 30 to 60 over the next six years.

An announcement was made in 2021 that new industrial parks  would be created on an additional 45,000 acres of land.
Of this, 40,000 acres have been identified and of this 4,0000 acres have been acquired and handed over to various industries.The remaining 36,000 acres are under various stages of acquisition ..
Thirty new industrial parks will be created by 2030 across the state.

We are developing industrial parks that are sustainable. For instance, all the 11 parks in Chengalpet, Kancheepuram and Tiruvallur districts will get treated water from the two  tertiary treatment reverse osmosis (TTRO) plants in Chennai. We plan to extend this supply up to the Sipcot industrial park at Cheyyar and Ranipet via Sriperumbudur. We are attempting to shift to renewable energy and encouraging installation  of solar panels in industrial complexes.

The State government, in its Budget for 2024-25, had announced that the SIPCOT will establish a new industrial park, spanning about 300 acres near Sengipatti, to create employment opportunities in Thanjavur region.