Food processing will be a focus industry
Major industry in the new estate will be steel
CHENNAI: Eighty-one entrepreneurs have been allotted land in the new Perambalur industrial estate run by the Tamil Nadu Small Industries Development Corporation.
“Because it’s a backward district, we were initially quite sceptical about what kind of response we would get. But it was a good response and 90 people applied,” said TANSIDCO managing director G. Santhanam.
The major industry in the new estate will be steel, with a number of entrepreneurs choosing to put up steel fabrication plants on their plots. Food processing will be another focus industry.
There has also been a good response for cold storage plants. The other manufacturing units include plants for auto components, plastic PVC pipes, wooden furniture and cattle feed.
SIDCO has been able to sell 29.8 acres of the total saleable area of 33.9 acres in the estate. The total layout is for 142 plots. The land is now being levelled and after surveys and detailed estimates are received, the corporation will call for tenders to lay the roads.
Mr. Santhanam said that once the levelling work is completed, the entrepreneurs will be allowed to start the process of constructing their sheds. “Usually, they have to wait till we finish development, but this time, we felt it would save several months if we can work simultaneously. At least they will be able to start applying for bank loans and building plan approvals,” he said.
SIDCO will spend approximately Rs 225 lakh to develop the estate. The corporation expects to complete road laying, and provide lighting and drinking water facilities within the next nine months, according to Mr. Santhanam.
SIDCO has also started the process of setting up its first estate in Dharmapuri district.
As much as 11.2 acres of government-owned land in the Kadahathur area has been identified and handed over by the district collector.
SIDCO called for expressions of interest on Sunday and expects a good response from the garment manufacturing sector by the end of the month.
“A lot of outsourcing is done in this sector, especially from Tirupur to Dharmapuri. We want to develop a garment manufacturing cluster in this area,” said Mr. Santhanam.
The corporation will spend Rs 40 lakh to develop the estate. About 40 plots are being planned for the first phase, but if the response is good, the estate will be expanded into the adjoining government-owned lands.
About 50 acres are available for further development, according to Mr. Santhanam.