State Industrial Promotion Corporation of Tamil Nadu Proposes New Industrial Park at Maravanur
The State Industrial Promotion Corporation of Tamil Nadu (SIPCOT) has proposed to establish a new industrial park at Maravanur, near Manapparai, on the Tiruchi-Dindigul Highway.
Existing Industrial Parks in the Area
The proposed new industrial park will be located near existing parks promoted by SIPCOT at Kannudaiyanpatti, K. Periyapatti, and Chathirapatti.
- Kannudaiyanpatti
- K. Periyapatti
- Chathirapatti
History of the Industrial Park Initiative
The Tamil Nadu state government initiated the establishment of an industrial park in Tiruchi district through a Government Order (GO) approximately 13 years ago.
- Acquisition of 1,097 acres of land at Kannudaiyanpatti, K. Periyapatti, and Chathirapatti near Manapparai
- Development of basic infrastructure, including roads, electricity, and drinking water
- Earmarking of sites for different industrial categories
Progress of the Existing Industrial Park
The SIPCOT began issuing applications for land allotment to entrepreneurs in 2021.
- Development of 396 acres out of 1,097 acres of available land
- Earmarking of 131.92 acres for the Small Industries Development Corporation (SIDCO)
- Allotment of land to 30 industrial units on a 99-year lease
Expectations for the New Industrial Park
Given the initial sluggish response from industries, SIPCOT officials expect a surge in demand for the new park, which will have 288 acres of identified land.
The proposed new industrial park is expected to be a significant addition to the existing infrastructure in the area, providing entrepreneurs with an affordable long-term lease basis for their industrial ventures.
Key Statistics
- 1,097 acres of land acquired for the existing industrial park
- 396 acres developed out of the available land
- 131.92 acres earmarked for SIDCO
- 30 industrial units allotted land on a 99-year lease
Source: SIPCOT officials and government records