in Tamil Nadu · Part 5

(State Industries Promotion Corporation of Tamil Nadu) - was formed in the year to promote industrial growth in the state by setting up industrial estates. Special Economic Zones (SEZs) A policy was introduced in April for the setting up of Special Economic Zones in the country with a view to a hassle-free environment for exports. Accordingly, the government has converted Export Processing Zones located at following places. Nanguneri SEZ – A multi product SEZ, Thirunelveli Ennore SEZ – Thermal power project, Vayalur Coimbatore SEZ – IT Parks Hosur SEZ – Auto Engineering, Electronics, Defence and Aerospace Perambalur SEZ – Multi product SEZ Autocity SEZ – Automobile/Auto Components, Tiruvallur India-Singapore SEZ – IT & ITES, Electronic Hardware, Logistics and Warehousing – Thiruvallur District Bio-Pharmaceuticals SEZ – Clinical Research Organisation, Poison Control Centre, Centre for Regenerative Medicine, Medicine Research Madras Export Processing Zone (MEPZ) MEPZ is a Special Economic Zone in Chennai. It is one of the seven export processing zones in the country setup the central government. It was established in to promote foreign direct investment, enhance foreign exchange earnings and create greater employment opportunities in the region. The MEPZ headquarters is located on GST Road in Tambaram, Chennai. - - . . AM - - . . AM Industrial Clusters in Tamil Nadu SIPCOT TANSIDCO (Tamil Nadu Small Industries Development Corporation) - is a state-agency of the state of Tamil Nadu, established in the year , to promote small-scale industries in the state. It gives subsidies and provide technical assistance for new firms in the small scale sector. TIDCO (Tamil Nadu Industrial Development Corporation), - is another government agency to promote industries in the state and to establish industrial estates. TIIC (Tamil Nadu Industrial Investment Corporation Ltd.), - is intended to provide low-cost financial support for both setting up new units and also for expansion of existing units. TANSI (Tamil Nadu Small Industries Corporation Ltd.), - It is supposed to be the first industrial corporation operating in the domain for small enterprises. Issues with Industrialisation Though Tamil Nadu has emerged as a relatively highly