Tamil Nadu Chief Minister J Jayalalithaa gives fresh push to industrialisation Thursday July 24,2014

In a fresh push to industrial development,Tamil Nadu Chief Minister J Jayalalithaa on Thursday July 24,2014 unveiled massive investment plans to the tune of Rs. 9,620 crores, aimed mostly at developing the industrially backward areas and creating more jobs in the southern and western parts of the State.

The plans include -

• development of a National Investment and Manufacturing Zone (NIMZ) in Ramanathapuram district at a cost of Rs.6,525 crore

•  a 300-acre medical park to house a host of units, including those to make diagnostic equipment, near Chengalpattu at a cost of Rs.130 crore

• a Ticel Bio-Park in Coimbatore at a cost of Rs. 55 crore; and 

• an electronics manufacturing cluster on 527 acres at Krishnagiri at a cost of Rs. 920 crore.

Tamil Nadu Chief Minister J Jayalalithaa told the Assembly that the Tamil Nadu Industrial Development Corporation (TIDCO) would be involved in establishing the NIMZ in Ramanathapuram and Tiruvadanai taluks.
A feasibility report would be sent to the Centre for approval, and work would begin “as early as possible,” she said.
The TIDCO would team up with GMR Infrastructure for the electronics project, which was expected to attract Rs.7,000 crore in additional investments and generate 40,000 jobs

The medical park would make Tamil Nadu a key medical equipment manufacturing hub, which would help to cut imports and lower treatment costs. The State would partner HLL Lifecare Limited, a Government of India enterprise, to set up the park which would have 100 units. 

The Ticel Bio-Park would come up on 10 acres owned by Anna University in Coimbatore, which boasted scientific and technological skills and marketing opportunities