Chief Minister Edappadi K. Palaniswami on Tuesday announced the creation of an Information Centre Park over 150 acres in Nemili and Mannud villages in Sriperumpudur taluk, at a cost of ₹500 crore.
“The park will be created by TIDCO (Tamil Nadu Industrial Development Corporation). The companies that will function from the park will create 3,500 jobs,” he said.
Making a suo motu statement in the Legislative Assembly on Tueaday, he also said a ‘Startup and Innovation City’ would come up in Chennai at a cost of ₹350 crore. The objective, he said, was to encourage innovation and knowledge-based firms with facilities for infrastructure and a commercial atmosphere.
The Chief Minister also said a private industrial park would be created in 116.24 acres in Kallapayalam village in Coimbatore district through CODISSIA (Coimbaotore District Small Industries Association) at a cost of ₹20.96 crore. The government’s grant for the project is ₹10 crore.