TIDCO, in association Government of India is implementing a Medi Park Project in an area of 330 acres near Chengalpattu at an estimated project cost of Rs.205 crore. The Park will have a medical devices and equipment zone, bio information zone and research & development and knowledge management infrastructure.

A new SPV, M/s. HLL Medi Park Ltd, has been formed for implementing this project. TIDCO has subscribed to 10% equity in HLL Medi Park Ltd.