State Industries Promotion Corporation of Tamil Nadu Limited | |
Key People: | Dr. Niranjan Mardi, IAS, (Chairman and MD) |
Owner: | Government of Tamil Nadu |
Founded: | 1971; 49 years ago |
Founder: | Government of Tamil Nadu |
Location: | 19-A, Rukmani Lakshmipathi Road, Egmore, Chennai, Tamil Nadu, India - 600008 |
Homepage: | https://sipcot.tn.gov.in |
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.
The SIPCOT was formed in 1971 to promote industrial growth in the state and to advance term loans to medium and large industries.[1]
The Functions of State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) are:[2]
SIPCOT has established industrial complexes in 16 areas, according to the SIPCOT webpage. These include:
A new SIPCOT is going to be established in Dharmapuri,[5] Thiruvannamalai, Karaikudi and Manapparai soon.
SIPCOT IT Park is the largest Information Technology Park in Asia, located in Padur, Siruseri, along the IT Corridor, Chengalpattu taluk, Chengalpattu District.[6]
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.