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About TIDCO
Tamil Nadu Industrial Development Corporation Limited
About TIDCO
TIDCO facilitates large industrial and infrastructure projects in Tamilnadu involving large investments and huge employment potential. TIDCO is the Nodal Agency for the development of Chennai Bengaluru Industrial Corridor (CBIC), Chennai Kanyakumari Industrial Corridor (CKIC), Western Corridor (Kochi – Bangalore Industrial Corridor) and Defence Industrial Corridor projects.
TIDCO has in several joint venture projects across various sectors such as Chemicals, Fertilizers, Pharmaceuticals, Textiles, Iron and Steel, Auto Components, Food & Agro, Floriculture, Engineering, Petroleum and Petrochemicals, infrastructure projects like IT/ITES Parks, Bio-Tech Parks, Special Economic Zones (SEZ), Road Development Projects and Agri Export Zones, TITAN Industries Ltd, TANFAC Industries Ltd, Mahindra World City, Tamilnadu Petro products Ltd, TIDEL Park Ltd, Ascendas IT Park (Chennai) Ltd, TICEL Bio Park Ltd, Tamilnadu Road Development Company Ltd, Chennai Trade Centre, Tanflora Infrastructure Park Ltd, IT Expressway Ltd, TIDEL Park Coimbatore Ltd, L&T Shipbuilding Ltd and Indian Oil LNG Private Ltd are some of the successful joint ventures of TIDCO.
- TIDCO facilitates investment in large industrial and infrastructure projects in Tamil Nadu.
- TIDCO is registered with the Reserve Bank of India as a Non-Banking Financial Company.
- 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).
Advantage Tamilnadu
- Fastest growing State Economy in India
- Largest manufacturing as well as consuming state
- One of the top four recipients of Foreign Direct Investment (FDI)
- Stable political climate with a pro-active and investor friendly Government
- Highly skilled and diverse workforce with excellent labour relations
- State of the art infrastructure across the State
- Leader in the availability of healthcare and educational facilities
- A leader in both manufacturing and services sectors
- Most urbanised state with peaceful living conditions and low crime rate
- More than 63 Fortune 500 Companies have their operational presence
Infrastructure
- Four international airports (Chennai, Coimbatore, Tiruchirappalli and Madurai); two domestic airports (Salem and Thoothukudi) and Puducherry (UT) domestic airport is also within the reach.
- 4 large parts (Kattupalli, Ennore, Chennai and Thoothukudi); 23 other ports. Karaikal (UT) port is also within the reach.
- A total road network of 2.13 lakh kms.
- Power surplus state with 30.2 GW installed capacity
- 15.2 Tbps bandwidth availability
- 23 large Government Industrial Parks, 3 Japanese Industrial Townships, more than 4 large private industrial parks