Tidel Neo Park to open in Tiruppur this month
The park, located at Rakkiya Palayam village in Avinashi Taluk, spans 1.77 acre with a total built up area of 65,379 sq.ft with a potential to generate employment for 650 persons. This project entails investments to the tune of ₹39.44 crore.
'The first TIDEL park in Tamil Nadu transformed the IT landscape of the State. The same kind of transformation is now happening in smaller towns through Tidel Neo – they are providing jobs for people in their hometowns,' Sandeep Nanduri, Managing Director of Tamil Nadu Industrial Development Corporation Limited (TIDCO), said.
Noting that the Tidel Neo has been a game-changer, Mr. Nanduri said: 'We are ensuring regional development through these investments. Smaller firms are able to get access to high quality office space. So, the demand for such places is high. Tidel Neo has been a success in terms of occupancy also,' he added.
Tamil Nadu's first Neo Tidel Park was opened in February 2024 at Tiruchitrambalam village, Vanur Taluk, Villupuram. Three firms have picked space here and around 200 jobs have been generated. It is learnt that this space will see 100% occupancy in the next three months.
After Villupuram, the Tamil Nadu government opened similar parks at Thanjavur, Salem and Thoothukudi. The occupancy level at Thanjavur stands at 100%. Four companies are operating here, and 800 jobs have been provided. Similarly, Salem and Thoothukudi have witnessed 100% occupancy. Five companies are operating at Salem and the employment numbers here stands at 700, while Thoothukudi has accommodated two companies and the employment generated so far is 620.
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The Hindu
2 days ago
- The Hindu
Tidel Neo Park to open in Tiruppur this month
India's renowned knitwear hub, Tiruppur, is set to welcome its first Tidel Neo Park this month. The park, located at Rakkiya Palayam village in Avinashi Taluk, spans 1.77 acre with a total built up area of 65,379 with a potential to generate employment for 650 persons. This project entails investments to the tune of ₹39.44 crore. 'The first TIDEL park in Tamil Nadu transformed the IT landscape of the State. The same kind of transformation is now happening in smaller towns through Tidel Neo – they are providing jobs for people in their hometowns,' Sandeep Nanduri, Managing Director of Tamil Nadu Industrial Development Corporation Limited (TIDCO), said. Noting that the Tidel Neo has been a game-changer, Mr. Nanduri said: 'We are ensuring regional development through these investments. Smaller firms are able to get access to high quality office space. So, the demand for such places is high. Tidel Neo has been a success in terms of occupancy also,' he added. Tamil Nadu's first Neo Tidel Park was opened in February 2024 at Tiruchitrambalam village, Vanur Taluk, Villupuram. Three firms have picked space here and around 200 jobs have been generated. It is learnt that this space will see 100% occupancy in the next three months. After Villupuram, the Tamil Nadu government opened similar parks at Thanjavur, Salem and Thoothukudi. The occupancy level at Thanjavur stands at 100%. Four companies are operating here, and 800 jobs have been provided. Similarly, Salem and Thoothukudi have witnessed 100% occupancy. Five companies are operating at Salem and the employment numbers here stands at 700, while Thoothukudi has accommodated two companies and the employment generated so far is 620.
Time of India
30-07-2025
- Time of India
20K houses on city outskirtsto get piped cooking gas
Chennai: Around 20,000 houses along Old Mahabalipuram Road (OMR), Grand Southern Trunk (GST) Road, and the city's southern outskirts will receive piped natural gas (PNG) within the next 18 months, said M Thirukumaran N T, regional head (Kanchipuram) of THINK Gas, which holds licences for Kanchipuram. The company currently has 5,500 active domestic connections, nearly 60% of them concentrated in Sholinganallur, Thiruporur, Thalambur, and Thaiyur along OMR. "We have created adequate infrastructure across OMR, parts of GST Road beyond Tambaram, and southern suburbs. Expansion work is ongoing," he said, adding that pipeline networks have been looped with multiple supply sources to ensure uninterrupted service even if one line is disrupted. While infrastructure is in place, the company is facing challenges in driving demand. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai "In many shared living spaces, especially bachelor accommodations, residents don't seek gas connections as they depend on food apps or office canteens. We have identified potential high-rises like Hiranandani (Siruseri) where work could begin soon," he said. The process of getting a PNG connection has been simplified. Pipelines with valves are already laid along main roads and can be extended to individual homes. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa Prices in Dubai Might Be Lower Than You Think! Villa for sale in Dubai | Search Ads Learn More Undo For high-rises, gas risers up to 28 metres are provided. "Our technical team connects to the stove, retrofitting burners from 90 nm (LPG) to 110 nm (PNG) within 10-15 minutes. From registration to installation, it takes one day. The cost is around 7,000 with multiple payment options," Thirukumaran said. Operational costs for PNG are now 4-5% cheaper than LPG cylinders, down from a previous 15% advantage after LPG prices were reduced by 300. "Give us a level-playing field. If you get, say, 100 subsidy or 300 subsidy in a month, then I should not be punished for using PNG. Give me a 300 subsidy through a direct transfer without routing through any of the entities. We are asking the govt to either promote LPG or natural gas. You cannot promote both," said Chiradeep Datta, director & chief operating officer, THINK Gas. Pipeline expansion is hampered by strict work-hour limits, allowing activity only between 11pm and 5am, with effective hours reduced to five due to setup and clearance. Approvals are slow, taking two months from highways and another month from traffic police, while 45-day permits lapse during processing. Gas firms have asked TIDCO to implement single-window clearances to cut timelines to five-seven working days.
Time of India
29-07-2025
- Time of India
Defence ministry signs pact with Tidco for material testing lab
Trichy: Ministry of defence (MoD) has signed a memorandum of understanding (MoU) with Tamil Nadu Industrial Development Corporation Limited (Tidco) to develop a testing facility in mechanical and material domain as a part of Tamil Nadu Defence Industrial Corridor in Trichy under the Defence Testing Infrastructure Scheme (DTIS). Senior officials from MoD and Tidco exchanged the MoU, in the presence of secretary (defence production), MoD, Sanjeev Kumar. at New Delhi on Monday. The DTIS provides up to 75% govt funding as 'Grant-in-Aid', with the remaining 25% funded by the special purpose vehicle (SPV), comprising Indian private entities, state, and central govts. For the mechanical and material domain testing facility, Micro Labs, a private entity, is the lead SPV member. Other members include Tidco, Bharat Earth Movers Limited, Hindustan Aeronautics Limited and Vaidheswaran Industries. "So far, we have been going to Chennai and Bengaluru to conduct material testing. The proposed lab besides helping around 40 defence production companies in sectors including batteries and electronics across Trichy, will serve the Bhel ancillaries too," N Kanagasabapathy, coordinator, Bhel small-scale industries (Bhelsia) said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Brain tumor has left my son feeling miserable; please help! Donate For Health Donate Now Undo Once completed, the lab will provide advanced testing equipment and services to both govt and private industry to achieve self-reliance in defence production. A statement said that seven testing facilities were approved - four in Tamil Nadu and three in Uttar Pradesh.
