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| TIDCO, a Government of Tamil Nadu Enterprise, was incorporated as a Limited Company in the year 1965 in order to identify and promote the establishment of large and medium scale industries within the State of Tamil Nadu in association with the private sector. The company’s authorised share capital is Rs.1250 million of which Rs.942 million has been issued and has been entirely subscribed by the Government of Tamil Nadu. The Government of Tamil Nadu has also extended loan assistance aggregating to Rs 716 million as at March 31, 2006 to the company.TIDCO is also registered with the Reserve Bank of India as Non-Banking Financial Company and has successfully mobilized public deposits of Rs.1818 million as at March 31, 2006. TIDCO has been specified as Public Financial Institution within the meaning of Section 4A of the Companies Act, 1956. |
| TIDCO’s association with private sector enterprises may be separated into four categories viz. Joint Sector, Associate Sector, Escort Sector and Escort Services. Equity participation by TIDCO in the Joint Sector projects ranges from 11 to 26% and in the Associate Sector ranges 2 to 11% equity. The Escort Sector includes ventures with 1% equity from TIDCO. |
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| Mega Townships |
Two mega townships with world-class facilities will be set up in Coimbatore and Kancheepuream at an estimeated cost of Rs.20,000 crore.
April 29,2007-The Hindu |
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| Cashew AEZ- Cudalore |
TIDCO and Cennai based Sattva Agro Expo are setting up an agri export zone(AEZ) for cashew in and around Panruti in cuddalore
Feb 11,2007-Dinathanthi |
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| SEZ at Sholinganallur |
The SEZ to come up on a 66 acre-sire At Sholingannallur on the OMR would provide direct and indirect employment to 25,000 persons
Feb 07,2007 - The Hindu |
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| IT Park |
| Tamilnadu was one of the first states in the Indian Union to formulate a comprehensive IT policy. In the year 2002, the Government of Tamilnadu released |
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| SEZ |
| A policy was introduced on 1.4.2000 for setting up of Special Economic Zones in the country with a view to provide an internationally competitive and hassle free environment |
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