Tamil Nadu Industrial Development Corporation (Tidco) special secretary and project director B Krishnamoorthy said that the Corporations is planning to develop six thematic industrial parks (all in aerospace and defence) to provide plug-and-play ecosystem for businesses planning to expand or set up industrial facilities related to those industries.
Speaking at an event on the theme “New Era of Aerospace & Defense Manufacturing for Atmanirbhar Bharat” hosted by the Tamilnadu Technology Development and Promotion Centre of the Confederation of Indian Industry, Krishnamoorthy said two of the six thematic parks would be built in Chennai, three in Coimbatore (Annur, Sulur, and Varapatti), and one (space park) at Kulasekarapattinam in Thoothukudi.
He said the TN government, through Sipcot, owned approximately 35,000 acres and was planning to acquire approximately 10,000 acres more in the next five years to develop these industrial parks.
