Lays oundation stone for neo TIDAL parks in Villupuram

25 June 2022, 12:24 pm
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Chief Minister MK Stalin on Friday inaugurated the Tamil Nadu centre for excellence in advance manufacturing (TANCAM) established at the cost of Rs 212 crore in Tidal park in Taramani.

The Chief Minister presided over the Advance Manufacturing conclave in TANCAM. The centre was established jointly by Tamil Nadu Industrial Development Corporation (TIDCO) and French company Dassault Systemes. TANCAM will function based on the Hub and Spoke model under which TANCAM will join hands with educational institutions and research centres to set up regional hubs. In the regional hubs, training will be given for students and entrepreneurs on skill development, product development, novel ways in product development and manufacturing and so on.

In the conclave, Stalin also inaugurated two SIPCOT industrial innovation centres, one at Sriperumbudur and another at Hosur, established at the combined cost of Rs 33.46 crore. Each innovation centre is established at an area of 23,500 square feet with facilities such as meeting halls, labs and so on.

The Chief Minister also laid foundation stone for neo TIDAL parks in Villupuram and Tiruppur. The neo Tidal park in Tirupur will be constructed at the cost of Rs 41.9 crore and the neo Tidal park in Villupuram will be constructed at the cost of Rs 35 crore. After laying the foundation stone, the Chief Minister said that the two neo Tidal parks will provide jobs to thousands of youngsters in their own districts.