With the objective to plan, develop, operate and promote the industrial growth in Tamil Nadu, State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) was established in 1971. Since its inception, SIPCOT has nurtured the development of 40 Industrial Parks including 6 SEZs, spread over 16 districts in a total extent of about 45,000 acres.
SIPCOT Industrial Parks are provided with basic infrastructure facilities comprising well-connected and well-lit road network with storm water drainage systems, water supply distribution and storage systems, fully functional administrative offices, robust park surveillance systems, adequate green cover development and well-maintained open space reservation (OSR) areas ensuring the right balance between industry and environment.
Over the last 52 years, SIPCOT has been instrumental to the establishment and growth of 3,275 Industrial units with a cumulative investment of about Rs.1.83 lakh Crores generating 8.15 lakh employment opportunities.
In the 21st century, the Industry 4.0 revolution has resulted in the significant transformation of manufacturing processes. With the advancement towards smart factories and Artificial Intelligence technologies, the requirements of industrial infrastructure have significantly changed from basic to comprehensive infrastructure facilities. SIPCOT always endeavours to facilitate a comprehensive industrial ecosystem catering to the emerging needs of industries.
SIPCOT's transparent land allotment policy not only fosters a business-friendly environment but also positions Tamil Nadu as investors' preferred destination.
