Latest news with #SIPCOT
Hans India
5 days ago
- Business
- Hans India
Tamil Nadu Approves New Chennai Metro Line from Poonamallee to Parandur
The Tamil Nadu government has given permission to build a new metro train line. This means they have agreed to start the project. The new train will travel from a place called Poonamallee to another place called Parandur. On the way, the train will stop at a town named Sunguvarchatram. This new train line is part of a bigger metro project. The bigger project connects from a place called Light House to Poonamallee. First Step of the Plan The first phase will cover the route from Poonamallee to Sunguvarchatram. It will be 27.9 km long. The estimated cost is ₹8,779 crore. This route will provide easy access to the Kuthambakkam Bus Station. The state government has submitted the plan to the Central Government to seek approval and assistance. Metro Stations in the First Phase There will be 14 metro stations along this route: Nazarathpet Chembarambakkam Kuthambakkam Bus Station Samathuvapuram Chettipedu Thandalam SIPCOT Irungattukottai Pennalur Sriperumbudur Pattunool Chatram Irungulam Industrial Area Mambakkam Thirumangalam Sunguvarchatram Full Metro Plan The entire metro route from Poonamallee to Parandur will span 52.94 km. The total cost is estimated at ₹15,906 crore. The project will be implemented in two phases: Phase 1: From Poonamallee to Sunguvarchatram Phase 2: From Sunguvarchatram to Parandur Next Steps The government will soon begin the following activities: Relocating utility lines such as wires and pipes Acquiring land for the metro construction Work will start first on Phase 1 Fast Train Proposal Chennai Metro is also considering building a fast train to connect to the new airport at Parandur. This train could be similar to the Regional Rapid Transit System (RRTS), offering faster travel than the regular metro.
The Hindu
6 days ago
- Politics
- The Hindu
Opposition to the SIPCOT project in Vembur continues
A Farmers' association from Thoothukudi submitted a petition at the district collectorate on Monday, demanding the withdrawal of the proposed SIPCOT project in Vembur and nearby villages. According to the petition, Vembur village comprises several hamlets including Ramasamipuram, Azhagapuri, Kodangipatti where almost 900 families are residing. Most of these families are dependent on agriculture, and livestock for their livelihood. It stated that the government had initiated acquisition of lands in the area that had around 13 village ponds and several canals. The implementation of the project would affect these water bodies and threaten the primary water sources for residents of Vembur and surrounding villages. Association president M. Rajesh urged the government to consider using the land already acquired near Vembur for the project instead. He added that few people, owning barren land had agreed for the negotiation, but the majority continues to resist the project, fearing the loss of fertile agricultural land. 'Villagers have been told the SIPCOT project will help create job opportunities, which has led some to agree to the negotiations,' he noted. He also emphasised that one of the most important native breeds of sheep, found in Vembur relies on this agricultural land for grazing. The proposed project would disrupt the habitat and threaten the survival of this breed. Speaking on this, an official from the Revenue department said that many landowners had accepted the compensation offered by the government and only few are protesting the project. The official added that most of the people against the project have their land near to the bypass road, which holds higher market value.
Time of India
28-05-2025
- Automotive
- Time of India
VinFast to roll out first EV, VF5 from Thoothukudi Plant on June 30
VinFast , the Vietnamese electric vehicle manufacturer, is scheduled to launch its first electric car, the VF5 hatchback , on June 30 from its new Thoothukudi plant . The plant was constructed in 15 months within SIPCOT's industrial park. This development is a significant achievement for Tamil Nadu's electric vehicle goals. The ₹16,000 crore project validates Tamil Nadu's status as a leading EV investment destination in India. The state already accounts for over 40per cent of the country's planned EV investments. The Thoothukudi plant has a production capacity of 1.5 lakh cars per year. It also includes a dedicated supplier park. Access to Thoothukudi Port was a key factor in the plant's establishment. TN Govt's strategic push to decentralize industry beyond Chennai made this historic rollout possible.
The Hindu
22-05-2025
- Business
- The Hindu
SIPCOT and TANSCHE join hands to make students industry-ready
The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) has joined hands with Tamil Nadu State Council for Higher Education (TANSCHE) for an initiative where students will be prepared for industry roles prior to graduation. 'We are acting as an interface between industry and TANSCHE,' K. Senthil Raj, Managing Director, SIPCOT said. 'On Thursday, we hosted a meeting where we gathered insights from companies on the skill gaps they observe in graduates of recent times. The idea was to understand what industries will be seeking from graduates over the next decade,' he added. Around 100 companies across five SIPCOT Industrial Parks in Kancheepuram participated in the meeting, offering insights into job roles, skill requirements, and assessment frameworks that would help in tailoring training programmes to align with the evolving needs of the industry. The meeting was chaired by K. Senthil Raj, SIPCOT Managing Director and M.P. Vijaya Kumar, vice-chairman of TANSCHE. 'With the rise of Generative AI and ChatGPT, the need for people in routine jobs will decrease. In the coming years, there will be a greater demand for more creative people. We need to equip our students accordingly,' Mr. Raj said. 'TANSCHE will be circulating a questionnaire to companies on what they are looking for – we will facilitate that,' he added. This initiative was conceived with a specific focus on students from Tier 2 and Tier 3 cities. The initiative provides students with opportunities like internships, technical competitions, and inclusion in an empanelled talent pool. For industries, this model helps reduce post-recruitment training costs and facilitates early engagement with emerging talent. Students will get to select preferred roles by the end of their first year and undergo regular assessments.
New Indian Express
03-05-2025
- Business
- New Indian Express
'Hasten establishment of SIPCOT estate in Dharmapuri'
DHARMAPURI: Despite the state government making an announcement to set up a SIPCOT Industrial Estate in Dharmapuri as an EV hub and generate employment in the district, the local administration is aggrieved by the delay of this project. Residents have urged the administration as well as the state government to take steps to immediately bring in industries. Setting up a SIPCOT Estate in Dharmapuri has been a long-term demand, primarily due to the lack of opportunities in the district. The state government had made the announcement in 2018, but SIPCOT submitted its DPR and announced that a 1724.5-acre area has been earmarked for an industrial estate here only in 2024. Last November, the Ministry of Environment also provided environmental clearance for the project. District secretary of Agriculturist Labourers Association, J Prathapan said, "The entire district is reliant on agriculture and animal husbandry as primary occupation. However, repeated monsoon failures have resulted in more people migrating for work. About 50,000 families are working as migrant labourers in Karnataka, Kerala, Andhra Pradesh and other states, primarily as unskilled workers. SIPCOT could be a lifeline for these labourers and prioritising employment for them would be crucial for the district's development." Another resident of Dharmapuri, S Sathishkumar, said, "The state government is planning to make Dharmapuri a hub for EV manufacturing. The environmental clearance report states that 27% of the area would be used in metallurgy for battery elements, anode production, and electrolyte manufacturing while the remaining area will be dedicated to manufacturing EV battery separator & cathode and EV spares. While most works are now complete, promises are yet to be implemented." When TNIE spoke to officials with SIPCOT, Dharmapuri, they said, "As part of the first phase, over 200 acres have been released and interested parties have applied to set up local industries. Other areas will be designated soon. Over 200 companies have signed MoU with the administration to set up industries here and efforts are underway to accommodate them. It could provide over 20,000 locals with employment. We are also involved in restructuring lands near Adhagapadi, Adhiyamankottai, Thadangam, and Balajangamanahalli area where the project has been proposed." they said.
