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Private firms to develop industrial estates in TN

The micro, small and medium enterprises sector has grabbed the opportunity and there are already proposals for four such facilities

Tamil Nadu will soon have industrial estates developed by consortiums of private companies coming up in various parts of the state. The traditional method has been for government agencies to facilitate the development of industrial parks and offer space to industry. The state government has came up with a model in which a consortium of 20 or more companies in the MSME sector can apply to set up a new industrial estate or shift from existing industrial estates which are facing space constraints, with government support. The micro, small and medium enterprises (MSME) sector has grabbed the ...