Tamilnadu Industrial Development Corporation Limited (TIDCO) was established in May 1965 as a Government of Tamil Nadu Enterprise to stimulate industrial development and leverage capital investment through joint ventures.
TIDCO facilitates investment in large industrial and infrastructure projects in Tamil Nadu.
TIDCO promotes four types of Joint Ventures: Joint Sector (equity participation - Above 11% and upto 26%).
Associate Sector (equity participation of 2% to 11%).
Escort Sector (1%equity).
Escort Services(no equity participation).

TIDCO assists promoters in exploring opportunities, project evaluation, obtaining statutory clearances, land procurement, sourcing of technology, securing financial tie-ups and in positioning utilities sources like power, water, etc.

TIDCO has promoted several joint ventures for manufacturing products such as wrist watches, auto parts/components and metal halide lamps and products in sectors such as textiles, chemicals, petrochemicals, fertilizers and Pharmaceuticals. It has also ventured into Agro, information technology, bio-technology sectors and SEZs.

TIDCO is registered with the Reserve Bank of India as a Non-Banking Financial Company.

TIDCO is managed by a distinguished Board of Directors and ably supported by specialists in the industry and a diverse workforce.

TIDCO's MISSION: Partnership for Industrial / Infrastructure development.
Interfacing high technology & growth.
Business excellence.

TIDCO's VISION: To support the Govt's drive to make Tamil Nadu the No.1 State in India.

IT Park
Tamilnadu was one of the first states in the Indian Union to formulate a comprehensive IT policy.
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A policy was introduced on 1.4.2000 for setting up of Special Economic Zones in the country
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