Business Daily from THE HINDU group of publications Wednesday, May 09, 2007 ePaper |
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Industry & Economy
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Electronics Industry & Economy - Exports & Imports States - Tamil Nadu TN plans Rs 1,300-cr export centre for electronic goods Our Bureau
Chennai May 8 The Tamil Nadu Government will set up an export centre for electronic goods. This will come up on 285 acres of land at Oragadam, to the west of Chennai, and will attract an investment of Rs 1,300 crore. Announcing this in the Assembly today, the Chief Minister, Mr M. Karunanidhi, who also holds the industries portfolio, said that the centre to be set up by the State Industries Promotion Corporation of Tamil Nadu, a government agency, would create 23,000 jobs. It would be in the vicinity of a high tech centre set up in Sriperumbudur, where companies such as Motorola, Dell, Samsung and Foxconn are putting up plants. He said that the growth centre in Perundurai promoted by the Corporation would be expanded on another 1,250 acres. An export centre for engineering goods such as pumps, motors and forgings would come up on 250 acres in Perundurai. Mr Karunanidhi said a Rs 500-crore scheme would be taken up to supply tertiary treated sewage water for industries in Sriperumbudur-Oragadam-Irungattukottai belt. About 18 crore litres of secondary treated sewage from Chennai would be used.
More Stories on : Electronics | Exports & Imports | Industrial Policy | Tamil Nadu
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