Ad Here  
September
October
November
December
January
February
 
 
Technology and economic development should be linked No groundnuts in groundnut oil! Why (not) abolish? A dual GST that will protect prosperous states What the big B should offer? Outward ho Wanted: decentralised financial system A blueprint for the future Oh my GOLD TN - so much to offer... Well-administered State In the horns of a dilemma BJP can now hasten its thrust for reforms Babes In the wood-RBI North block has little clue to curb inflation Economy through the month Sardar Sarovar – the seventy year itch How will it PAN OUT Weaving wealth of western Tamil Nadu Welcome move to widen the tax net… Need plan over the long term planning Welcome rains for damaged roads... Rail-road Rajaraman Two welcome measures from the chief minister... Much can be done by us It’s raining funds for states. Really? Better relations with UK... Ganesh’s mantras Deming awardees galore! Make way for Make in India... Sustainably developing manufacturing sector… CSR, tech revolution and bank crisis They add lustre to Padma Awards Public investments and welfare will surge After all, customer is the king A historic indirect tax reform A tale of two Bihar babus Miles to go... An eco-friendly commute in Mysuru Low profile moves 1800 parties registered with EC – Less than 60 contest elections An eventful week with VVIPs of Delhi Research for survival... Land, land everywhere, but... Industry can’t get it from Mars, yet A Fine division of responsibilities Pool energy prices Need for radical RBI reform MS Installed Little surplus after salaries, subsidies and debt servicing Breaking news or breaking credibility? South India’s 100 most valuable companies Star of the South Trail-blazing Tamil Nadu When the examiner cheated... Reform this licence to…kill Sowing seeds of hope A gratifying record The deluge and the several kindly souls Tryst with GST Truce at Kasturi Buildings Cleansing Indian retail Kudos to GIM organisers... Tax evaders’ get out of Jail-Free Card Indian GST – Between extremes… Focus on southern TN... Jobs - Lost, Changed or Gained The Great Fall Policy Makers PC please be our Santa Much ado about nothing You too T M Krishna? Why throw baby with bath water? Focus on agriculture and human resources Babes In the wood-RBI North block has little clue to curb inflation CAD and the emergency thereof Skewed Economic Zones? Welcome Measures. Work for 10X Change If not Tamil Nadu, where else? Chennai Airport-Ready for a rapid take off... Strategic planning the missing link Healthy finances of the Chennai Corporation INDIA keeps its date with destiny
 
A gratifying record
C V Sankar, Additional Chief Secretary and Principal Secretary, Industries Department, Government of Tamil Nadu, is due to retire from service end July 2016.

During his tenure at the helm of the industry department for close to three years Sankar helped formulate the state’s new industrial policy, the auto components policy and the biotechnology policy. His tenure also witnessed the inauguration of the Tidel Park 2 in Chennai and commencing work on Tidel Park 3 at Coimbatore and the opening of TICEL Life Sciences in Chennai metro.

Sankar referred to the construction of a sophisticated paperboards plant of Tamilnadu Newsprint and Paper Ltd at Mondipatti near Tiruchi in just 22 months as among the major landmarks of his tenure. He pointed to the involvement of several large corporations like the International paper giant Voith, Shapoorji Pallonji, L&T... in the construction of the Rs. 2000 crore, 200,000-tonne plant. Added to another 400,000 tonnes of printing paper capacity already, TNPL has emerged among the largest paper producers in the country.

The capacity of the Tamil Nadu Cements’ Ariyalur plant, being expanded from 0.5 mn tonnes to 1.5 mn tonnes at a cost of Rs. 750 crore is another significant landmark. Tamil Nadu Salt Corporation expanded through a salt refinery, washery, and packing unit and has emerged profitable.

Sankar pointed to the TIDEL Park at Coimbatore constructed at a cost of Rs. 400 crore that suffered the problem of under-occupancy having now turned around and earned profit during 2015-16.

Sankar has reason to feel happy: usually, the industry department used to take comfort over industrial units in the private sector performing well; here some public sector units of the state government have been making profits!  Another landmark during his tenure has been the Aerospace Park developed between Sriperumbudur and Oragadam, over 250 acres, becoming operational. “TIDCO has set up an advanced computer centre at this park. 14 companies have already been allotted over 60 acres of land,” said Sankar.

 

GIM, the crowning piece...

 

The ultimate piece of Sankar’s stint was the successful conduct of the state’s first Global Investors Meet (GIM) organised in September 2015. Chief Minister J Jayalalithaa-led the effort from the front. GIM attracted business leaders from across the globe and India. I remember the meticulous planning and the detailed presentations made by Sankar and the team of senior ministers and officials at several metros across the world. Ninety-eight MoUs were signed with investments committed of Rs. 240,000 crore. Sankar expressed satisfaction that 64 of these have taken off and are under various stages of implementation. A few of these are already under production. The large participation from countries and companies from across the globe and the ability of the state to showcase its achievement on its particular strengths to attract investments won wide acclaim. Gratified over the success, Tamil Nadu Chief Minister announced holding such meets as regular bi-annual events. Work on GIM 2017 has already commenced!


Two more prestigious projects – of Delta Corporation, Ford

Sankar made special reference to two prestigious projects: one Taiwan’s computer giant Delta Corporation setting up a Rs. 4000 crore project in Krishnagiri District to manufacture a vast range of sophisticated electronic components for cell phones. The other is the Ford Global Technology and Business Centre to be set up over 28 acres at an estimated investment of Rs. 400 crore with potential for employing around 2000 located at Sholinganallur. This is considered to be the largest product development centre of Ford Motors outside the US, with comfortable facilities for design, research and development.

A reasonably long tenure as the head of the industry department and entrusting these to an officer of the IAS with the rank of Chief Secretary enjoying the trust and confidence of the political leadership, have been at the base of the industrial department recording spectacular growth in several directions in recent years. Sankar has been accessible, professional in his approach, participating in very many public functions and effectively projected and articulated the strengths of Tamil Nadu.

One looks forward to his very considerable record of service utilised more.

 

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com