| Tamil Nadu Small Industries Development Corporation Limited | |
| Type: | Government Industrial Estate |
| Founder: | Government of Tamilnadu |
| Location: | Guindy, Chennai |
| Hq Location Country: | India |
| Num Locations: | 128 Industrial Estates [41 government estates and 87 TANSIDCO estates] |
| Key People: | Thiru Mangat Ram Sharma IAS(M.D) |
| Owner: | Government of Tamil Nadu |
| Homepage: | https://www.tansidco.org/ |
The Tamil Nadu Small Industries Development Corporation Limited (TANSIDCO) is a state-agency of the state of Tamil Nadu, India established in 1970 to promote small-scale industries in the state.[1] It establishes industrial parks throughout the state, providing the necessary infrastructure for small-scale industries, gives-away government subsidies for the sector, and provides technical assistance for the new industries.[2] Industries refer to the secondary type of occupation. Tamil Nadu is ranked as second largest industrialized state after Maharashtra.[3]
In 1958, A Industrial Estate was established in Guindy, Chennai. It was the first Established Industrial Estate in the Independent India. Later in 1963, Another Industrial Estate was established in Ambattur, near Chennai at a total spawn of 1167 acres and it is one among the largest MSME Industrial Estates in Asia.Tamil Nadu Small Industries Development Corporation Limited was established in the year 1970 as a Government of Tamil Nadu undertaking to promote and provide assistance to Micro Small and Medium Enterprises in the State.[4] [5]
The Tamil Nadu Small Industries Development Corporation Limited (TANSIDCO) is the nodal agency of the Government of Tamil Nadu that promotes and aids the growth of small businesses in the state. TANSIDCO provides financial, infrastructural, and marketing assistance to small businesses, as well as assists in procuring raw materials and technology. In addition, TANSIDCO offers training and entrepreneurship development programs to help small businesses start up and grow.
Since its inception, TANSIDCO has helped over 100,000 small businesses get started in Tamil Nadu. TANSIDCO’s assistance has been critical in helping these businesses grow and create jobs in the state. In fact, small businesses supported by TANSIDCO have generated over 1.5 million jobs in Tamil Nadu.
TANSIDCO’s support for small businesses has not only helped create jobs and spur economic growth in Tamil Nadu, but has also helped make the state a leader in many industries. For example, due to TANSIDCO’s support, Tamil Nadu is now one of the leading states in India for textile production, leather goods manufacturing, and information technology services.
The different types of industries that TANSIDCO assists include:
The SIDCO Industrial Estates are a set of industrial parks developed by the Tamil Nadu Small Industries Development Corporation Limited (TANSIDCO) in various parts of the state of Tamil Nadu, India. The estates are developed with the aim of promoting small-scale industries in the state.
Each estate is equipped with basic infrastructure facilities such as water supply, electricity, roads, drainage, and sewage treatment. In addition, some estates also have common facilities such as fire stations, health centers, and banks.
TANSIDCO provides financial assistance to eligible small-scale industries for setting up their units in the SIDCO Industrial Estates. The corporation also offers a range of other services such as marketing support and technology upgradation. Infrastructure facilities such as roads, water supply, drainage and E.B connections, sewerage connection are available in the Estates and hence the allottees can start their industries immediately.
Canteen, Banks, Post and Telegraph Office, Telephone Exchange, Police Out post, Fire Stations, Communication Centre, Parking space, Parks, hospital with First Aid Post, Common creche for Children, Common space for Association have also been provided in the Estates.
TNEB Sub-station for giving power supply to the Units is provided in Industrial Estates.[6]
The Tamil Nadu Small Industries Development Corporation Limited (TANSIDCO) is a state-level organization that promotes the development of small industries in Tamil Nadu. TANSIDCO provides financial assistance, infrastructure support, and policy guidance to small businesses in the state.
TANSIDCO has had a positive impact on the Tamil Nadu economy. In 2016-17, TANSIDCO assisted 2,636 small businesses with a total investment of Rs. 1,171 crore. These businesses generated employment for nearly 40,000 people. TANSIDCO’s work has resulted in an increase in the number of small businesses in Tamil Nadu and a corresponding increase in employment and economic activity in the state.
In addition to its direct impact on the economy, TANSIDCO also supports the government’s initiatives to promote industrialization and economic development in Tamil Nadu. TANSIDCO is one of the key implementing agencies of the government’s flagship scheme, the Industrial Corridor Project (ICP). The ICP is aimed at promoting investment and industrial growth in Tamil Nadu by developing world-class infrastructure along key industrial corridors in the state. TANSIDCO is responsible for developing infrastructure along two of these corridors – Madurai-Coimbatore and Chennai-Bengaluru – which are expected to attract investments worth Rs. 1 lakh crore and generate nearly 2 million jobs.