Introduction
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Tamil Nadu Industrial Development Corporation Limited (TIDCO) was established in 1965 as a Government of Tamil Nadu Enterprise to stimulate industrial development and leverage capital investment through joint ventures. |
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TIDCO facilitates investment in large industrial and infrastructure projects in Tamil Nadu. |
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TIDCO promotes four types of Joint Ventures: Joint Sector (equity participation - Above 11% and upto 26%). |
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Associate Sector (equity participation of 2% to 11%). |
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Escort Sector (1%equity). |
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EscortServices(noequityparticipation). |
TIDCO assists promoters in exploring opportunities, project evaluation, obtaining statutory clearances, land procurement, sourcing of technology, securing financial tie-ups and in positioning utilities sources like power, water, etc.
TIDCO has promoted several joint ventures for manufacturing products such as wrist watches, auto parts/components and metal halide lamps and products in sectors such as textiles, chemicals, petrochemicals, fertilizers and Pharmaceuticals. It has also ventured into Agra, information technology, bio-technology sectors and SEZs.
TIDCO is registered with the Reserve Bank of India as a Non-Banking Financial Company.
TIDCO is managed by a distinguished Board of Directors and ably supported by specialists in the industry and a diverse workforce.
TIDCO's MISSION:
Partnership for Industrial / Infrastructure development. Interfacing high technology & growth. Business excellence. TIDCO's VISION:
To support the Govt's drive to make Tamil Nadu the No.1 State in India.
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| IT Park |
| Tamilnadu was one of the first states in the Indian Union to formulate a comprehensive IT policy. |
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| SEZ |
| A policy was introduced on 1.4.2000 for setting up of Special Economic Zones in the country |
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