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Tamil Nadu Industrial Development Corp identifying land for aerospace parks Print E-mail
Written by Krishna Kumar   
Wednesday, 24 August 2011
Chennai: The Tamil Nadu State Government is going forward with its plans to set up an aerospace park. The Tamil Nadu Industrial Development Corporation (TIDCO) is currently in the process of identifying land near Chennai airport for Maintenance Repair Overhaul facilities and the State Industries Promotion Corporation of Tamil Nadu has been asked to allot 100 acres in Sriperumbudur for aircraft components manufacturing industries.

State industries minister S P Velumani said that steps would be taken to secure Special Economic Zone (SEZ) status to Taneja Aerospace and Aviation Ltd, Hosur for its existing facility and expansion in Hosur for the development of an Aerospace Park.

L&T-Ramboll has been appointed as the consultant to carry out the feasibility study and marketing assistance. The consultants have submitted the final report to Tidco, according to the minister.

An integrated Aerospace Park is also proposed to be set up on 3,000 acres of land in Perambalur SEZ, to focus on manufacturing and assembling of aircraft. The Minister said that the objective of this programme is to create an integrated Aerospace Park which would support the assembling of indigenously designed aircraft.

L&T Shipbuilding Limited - first phase to be commissioned in December 2011.

The minister also said that a shipyard-cum-minor port complex is under construction in Kattupalli village, Ponneri taluk of Tiruvallur district through a joint venture company of Tidco and L&T namely, L&T Shipbuilding Limited.

This complex would include manufacturing units and facilities for building cargo carriers, defence ships including submarines, offshore platforms for oil / gas sectors, re-engineering of commercial and defence ships and heavy engineering fabrication and components production for ship building.

He said the total investment for the project has been estimated at Rs 4,675 crores. The project is implemented in two phases; Phase I will require an investment of about Rs 3,375 crore.

The first phase of the project would be commissioned in December 2011. This shipyard complex is expected to generate direct and indirect employment for about 10,000 persons.

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