TIDCO Wiki

Hello sir I would like to know about the TIDCO so can you provide me suitable information about this company.

Tamil Nadu Industrial Development Corporation (TIDCO) is a governmental agency in the state of Tamil Nadu, India.

About the TIDCO

It is responsible for the development of industries in the state by formulating policies that help industry growth, and by establishing industrial estates.

It often partners with TANSIDCO (Small Industries Development Corporation).

TIDCO has established the Tidel Park in Chennai and Tidel Park in Coimbatore for information technology companies and Ticel Park in southern Chennai (near to Tidel Park) for chemical companies.

Type Government of Tamil Nadu

Industry Industry Promotion, SEZ

Founded 1965

Headquarters Chennai, Tamil Nadu, India

Area served Tamil Nadu, India

Owner Government of Tamil Nadu through Department of Industries (Tamil Nadu)

Objectives

TIDCO was established with the following objectives

To plan and execute projects for setting up of industries or developing lines of production.

To establish and administer industries for production of plant, machinery, tools, implements, materials, chemicals substances, goods or things of any description which in the opinion of the Company are likely to promote or advance the industrial development of the State of Tamil Nadu.

To promote and operate schemes for industrial development of the State of Tamil Nadu and to prepare feasibility reports, project reports market studies, blue prints, and statistics.

To engage in the processing and manufacture of metallic products, chemicals, cement, sugar, yarn, plants, machinery or any other commercial, consumer or industrial products.

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Answered By StudyChaCha Member