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Tamil Nadu
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Chennai
CHENNAI: The Tamil Nadu Small Industries Development Corporation will establish a common facility in the Guindy Industrial Estate for micro, small and medium enterprises to display their products, for a specific period, at an affordable cost. The proposal, mooted some two years ago by the State government, called for offering these units help in the form of godowns for raw materials, cold storage, common testing laboratories, quality certification facility and common display centre to enable them to face the global competition. The corporation will build a 4,000-square foot complex, at a cost of Rs. 5 crore, under the Cluster Development Programme. The complex comprising basement, stilt and four floors, will become a reality in 12-15 months. “This scheme was mooted some two years ago. Now, it is being given a concrete shape. We have got the approval of our board, and we will write to the State and Central governments, seeking finance assistance,” TANSIDCO chairman and managing director D. Rajendran told The Hindu. “The State has already sanctioned us Rs. 5 lakh, while a request will be made to the Small Industries Development Corporation (SIDCO) to allot the land,” he said. © Copyright 2000 - 2009 The Hindu |