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4th November 2015, 02:57 PM
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Join Date: Apr 2013
Re: TIDCO India

Tamil Nadu Industrial Development Corporation (TIDCO) is a governmental agency which is responsible for the development of industries in Tamil Nadu by formulating policies that help industry growth, and by establishing industrial estates.

Current projects

IT Parks


Tamil Nadu was one of the first states in the Indian Union to formulate an IT policy. The government of Tamil Nadu released an ITES policy in 2005 to highlight the advantages of ITES investment in the state.

1. The Government of Tamil Nadu has enacted several proactive measures to enable IT and ITES companies to do business in the State with utmost ease and felicity
2. The Government has granted 50% exemption of stamp duty for IT companies towards land registration and office construction
3. The Government has extended 30% subsidy to small and medium enterprises on stall rent for participation in national and international exhibitions
4. The Government has relaxed Floor Space Index (FSI) norms to IT Buildings to enable the entry of smaller IT companies

With this the Government of Tamil Nadu has also made a pioneering effort to promote computing in Tamil with innovative measures like:

• The government has set up Tamil Virtual University,
• The government has created a society for providing web based certificate course for the international Tamil community,
• The government has commissioned Research and Development projects in Tamil computing.

The policies of the government are formulated and released by the Department of Information Technology which is also responsible for policy execution.


List of IT parks in Tamil Nadu:
• Tidel Park
• Tidel park coimbatore
• International Tech Park, Chennai also known as Ascendas
• Mahindra World City
• IT and ITES SEZ TIDEL-II
• IT and ITES SEZ TIDEL-III
• Special Economic Zone India-Singapore

SEZs
A policy was introduced on in April 2000 for the setting up of Special Economic Zones in India with a view annoy free environment for exports.

Units are set up in SEZ for manufacture of goods and rendering of services. All the import/export operations of the SEZ units are on a self-certification basis.

The policy is providing for setting up of SEZs in the public, private, joint sector or by state governments.

It is also envisaged that some of the existing Export Processing Zones would be converted into Special Economic Zones.

Accordingly, the government has converted Export Processing Zones located at following places.

• Nanguneri SEZ
• Ennore SEZ
• Coimbatore SEZ – TIDEL Park – IV
• Hosur SEZ
• Perambalur SEZ
• Auto city SEZ
• India-Singapore SEZ
• IT and ITES SEZ – TIDEL-II
• IT and ITES SEZ – TIDEL-III
• Bio - Pharmaceuticals SEZ


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