A Thorough Guide to Setting Up Your Business Under SIPCOT
The State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) is a key player in driving industrial development and constructing sustainable industrial ecosystems in Tamil Nadu. To entrepreneurs and businesses desiring to put down roots in the state, being registered under SIPCOT means free passage to transparent land allotment and the world’s best industrial parks. This article will take you through the process of registering your business under SIPCOT from the inside out. It will outline all core activities involved, give general guidelines and explain, step by step, what steps potential investors should take.
SIPCOT Core Activities And Mission
SIPCOT has been playing a major role in driving the economic growth of Tamil Nadu for over 50 years now since its establishment in 1971. The corporation is committed to creating sustainable industrial ecosystems and keeping up with the development of world class industrial parks, providing infrastructure as well as maintaining theirA efficient operation. SIPCOT’s mission is encapsulated in two simple goals: to promote industrial development and create employment opportunities by attracting more advanced manufacturing businesses into Tamil Nadu. On the other hand, its goal is also to foster an eco-friendly atmosphere that is conducive for human life within all its industrial parks throughout the state.
SIPCOT General Process And Checklist
Prospective investors in SIPCOT business have to proceed strictly in accordance with the procedure, making applications for various kinds of approval. The project should be implemented as per the business activity indicated in the allotment order. Building plan approval from the Directorate of Town and Country Planning, or local municipalities must be obtained. Consent to Establish/Operate must also be awarded by Tamil Nadu Pollution Control Board. Activities must be carried out which are allowed under the Environmental Clearance of the Industrial Park. Businesses must also apply for a power supply from Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO).
Technical analysis is, which involves submitting an online application on the SIPCOT site and the documents, initial deposit and processing fees, when the allotment shall take place. The initial deposit amount paid is adjusted towards the total cost of land. qua The allotment is for 99 years on a long-term lease and renewable with mutual agreement or as SIPCOT s policy may be at any time; Thus it is necessary for businesses to sign the lease deed within specified time periods and take possession of the plot during specified spans.
Contact Details and Right to Information Act SIPCOT has founded industrial parks and special economic zones throughout Tamil Nadu, contact addresses for every industrial park are to be found on the website of SIPCOT. And public can apply to get SIPCOT information released in accordance with the Right to Information Act 2005 by adding demand along with payment of Rs 10 as charges for such an application (fee). Officers have been appointed to serve users of information; their contact addresses are shown on SIPCOT website.
Commitments and Benefits
By registering under SIPCOT your business can benefit from a transparent and convenient system of land allotment, infrastructure construction and development alongside healthy industrial environments. SIPCOT acts to expedite economic development, enlarge employment opportunities and create an eco-friendly environment at each industrial park it operates. Again, the corporation is committed to its interactions with entrepreneurs. In order to hear from them about things that they wish us to do well, or should be left for another time; the confluence of opinions is like speaking seven superimposed languages at once (Chomsky).
Summary:
By registering a business with SIPCOT, you can develop an industrial heartland in Tamil Nadu. The corporation’s adherence to sustainable development, accountability in its governance and cleanliness of the infrastructure it develops give a good climate for businesses to flourish. They can contribute towards economic growth in the state. By complying with the standards and regulations of SIPCOT, enterprising people can engage in a journey towards stable industrial development and economic prosperity in Tamil Nadu.
These are the contact details for various SIPCOT industrial parks and the main office.
- Managing Director, SIPCOT Ltd.
Address: 19-A, Rukmani Lakshmipathi Road, Egmore, Chennai 600 008
Phone: 044-45261777
Website: www.sipcot.tn.gov.in
Email: md@sipcot.in - Siruseri Information Technology Park
Address: Project Office, Siruseri, Padur Post, Kancheepuram District – 603 103
Phone: 044 – 27470031/32
Email: posi@sipcot.in - Thervoykandigai Industrial Park
Address: Project Office, Thervoikandigai, Madharpakkam (Via).Gummidipoondi Tk, Thiruvallur Dist.601202
Phone: 044 – 27636626
Email: potk@sipcot.in - Thoothukudi Industrial Park
Address: Project Office, Milavittan Village, Madathur Road, Thoothukudi-628008. Thoothukudi Dist.
Phone: 0461-2340082/83
Email: potu@sipcot.in - Tindivanam Industrial Park
Address: Project Office, No.232/2, Shopping Complex 1st Floor, Anjaneyar Temple, Kollar Village, Tindivanam
Phone: 8946051182
Email: poti@sipcot.in - Vallam-Vadagal Industrial Park
Address: Project Office, Mathur Village & Post, Sriperumbudur taluk, Kancheepuram Dist.602105
Phone: 9894420600
Email: povv@sipcot.in - Cuddalore SIPCOT Industrial Park
Address: Project Office, Kudikadu, Cuddalore – 607 005
Phone: 0414 – 2239236
Email: pocu@sipcot.in - Gangaikondan Industrial Park
Address: Project Office, Duraiyoor, Gangaikondan, Tirunelveli Dist.
Phone: 0462 – 2445222/333
Email: pogk@sipcot.in - Gummidipoondi Industrial Park
Address: Project Office, Administrative Office Block, Gummidipoondi – 601 201
Phone: 044 – 27922355/242
Email: pogd@sipcot.in - Kurubarapalli Project Office, Hosur SIPCOT Industrial Park
Address: Rajaji Nagar, Hosur – 635 126
Phone: 04344277188
Email: pohs@sipcot.in