Chennai: A new park for sculptors would be set up at Kadambadi village in Chengalpattu district by the Tamil Nadu Small Industries Development Corporation (TANSIDCO) for the benefit of 100 artisans and to provide employment to 1000 others.
This was one of the 18 announcements made by Minister for Rural Industries T M Anbarasan with regard to the Micro, Small and Medium Enterprises (MDME) department in the State Assembly on Thursday.
Most of the projects announced for the year would be implemented by the TANSIDCO, the organization set up in 1970 to help the MSME sector, which has now grown to be the third largest in the country.
Four new industrial estates would be set up in Trichy, Thiruvallur, Chengalpattu and Madurai districts to ensure balanced industrial growth in all parts of the State at a cost of Rs 218.22 crore and it would open job opportunities for 7000 persons.
In Nilgiris district, 10 industrial cooperative tea factories would be modernized with a Rs 50.06 crore loan from NABARD and State government assistance.
The policy note on the department traces the State’s long and ancient tradition in small scale manufacturing as evidenced by the excavations at the Keeladi archeological site near Madurai and through the verses of Sangam literature.