The State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) (Tamil: தமிழ்நாடு அரசு தொழில் முன்னேற்றக் கழகம் (வரையறுக்கப்பட்டது)) is an institution owned by the Government of Tamil Nadu to promote industrial growth in the state of Tamil Nadu.
History
The SIPCOT was formed in 1971 to promote industrial growth in the state and to advance term loans to medium and large industries.[1]
Functions
The Functions of State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) are:[2]
Development of industrial complexes/parks/industrial estate in Nallampalli Road growth centres with basic infrastructure facilities
Establishing sector-specific Special Economic Zones (SEZs);
Implementation of Special infrastructure Projects;
types of SIPCOT
agro based industries,
Bio tech medical plant,
food & fruit process,
General industries.
SIPCOT Estates
SIPCOT has established industrial complexes in 16 areas, according to the SIPCOT webpage. These include:
The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) has enlisted the support of the agency 7 MILES PER SECOND for the administration of its social media. This decision is made with the aim of utilizing the agencies in, effectively navigating the nature of social media. The core objectives include transparent communication and enabling the efficient distribution of information to the citizens in all parts of Tamil Nadu.[1]
