Exciting news for businesses operating in Chennai! Today, Minister for Youth Welfare and Sports Development Udhayanidhi Stalin inaugurated new buildings at the SIDCO complex in Guindy Industrial Estate, showcasing the government’s dedication to supporting industrial growth.
Boosting Infrastructure:
The newly constructed buildings represent a significant investment of Rs. 184 crores and comprise:
- Multi-storey industrial complex in Guindy Industrial Estate: Worth Rs. 94.67 crore, this complex provides valuable space for businesses to expand and flourish.
- Multi-storey industrial complex in Ambattur Industrial Estate: Costing Rs. 63.95 crore, this complex offers additional opportunities for businesses to establish themselves in this thriving industrial zone.
- Workers hostel in Ambattur Industrial Estate: Recognizing the needs of workers, a new hostel spread over 1.22 lakh square feet and costing Rs. 24.47 crore has been built to ease their commute and provide comfortable accommodation.
நம்முடைய நூற்றாண்டு நாயகர் முத்தமிழறிஞர் கலைஞர் அவர்கள் உருவாக்கிய சிட்கோ நிறுவனத்தின் வளர்ச்சியை நம்முடைய மாண்புமிகு முதலமைச்சர் அவர்கள் அடுத்தக் கட்டத்துக்கு எடுத்துச் சென்று கொண்டிருக்கிறார்கள்.
இதன் அடையாளமாக சுமார் ரூ.184 கோடி மதிப்பிலான புதிய கட்டடங்களை திறந்து வைக்கும்… pic.twitter.com/HawZiIIxa7
— Udhay (@Udhaystalin) February 24, 2024
Supporting MSME Growth:
Minister Stalin reiterated the government’s commitment to small, medium, and micro enterprises (MSMEs), emphasizing that these new buildings are a testament to their unwavering support. This initiative empowers MSMEs by providing them with modern infrastructure and fostering a conducive environment for growth.
Building on a Legacy:
The development of SIDCO, initiated by former Chief Minister M. Karunanidhi, continues to flourish under the leadership of Chief Minister M.K. Stalin. These new buildings mark another step forward in realizing SIDCO’s vision of propelling Tamil Nadu’s industrial landscape to new heights.
What this means for you:
Whether you’re an existing business owner or an aspiring entrepreneur, these new developments offer exciting opportunities:
- Increased availability of industrial space: With more space available for rent, businesses have more options to find facilities that meet their specific needs.
- Improved infrastructure: The modern facilities will enhance the overall working environment and attract more businesses to the region.
- Enhanced employee well-being: The new workers’ hostel will contribute to a better work-life balance for employees, attracting and retaining talent more effectively.
This initiative by the Tamil Nadu government demonstrates its commitment to building a vibrant industrial ecosystem and supporting the growth of businesses across the state. So, if you’re looking to expand your business or start a new one in Tamil Nadu, now is the time!