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Tamil Nadu 1 min read

Tamil Nadu announces semiconductor park, Coimbatore FinTech hub and new Thoothukudi thermal power station

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The Tamil Nadu Chief Minister announced new industrial projects for the State. SIPCOT will set up a Semiconductor and Electronics Manufacturing Park at Maduramangalam in Kancheepuram at a cost of ₹175 crore. A Coimbatore FinTech Hub will be developed through TIDCO under the Public-Private Partnership model at ₹400 crore. A Multi-Modal Logistics Hub will come up in the Tiruchi region to support industries and SMEs, and a new supercritical thermal power station will be built in Thoothukudi to add to the State's power capacity.