SIPCOT Industrial Park
- Tamil Nadu Chief Minister inaugurated Bigtech’s Gorilla Glass manufacturing unit at SIPCOT Industrial Park, Pillaipakkam, Kancheepuram district.
About SIPCOT Industrial Park
- SIPCOT, or the State Industries Promotion Corporation of Tamil Nadu, was established in 1971 to foster industrial growth in Tamil Nadu.
- With 50 industrial parks, it has facilitated over 3,290 industrial units and generated millions of jobs.
- The initiative aims to enhance the state’s economy, targeting a $1 trillion economy by 2030.
- SIPCOT focuses on sector-specific parks, innovation centres, and sustainable housing for workers, playing a crucial role in Tamil Nadu’s industrial landscape.
Tamil Nadu’s economic achievements
- Ranked first in India’s exports at $14.65 billion
- Contributes 41% of India’s total electronics exports
- Achieved 9-fold growth in electronics sector over the last 4 years.
- TN aims to become a global hub for electronics manufacturing:
- Launched Electronic Components Manufacturing Initiative to cover the entire value chain (design to production).
- Global electronics giants have set up units in Kancheepuram, Hosur, Coimbatore, Tiruchi, and Tirunelveli.
- TN is setting up a new Electronics Manufacturing Cluster in Thoothukudi, with excellent port connectivity.
