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.
