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Catalyst for large industry growth

The Tamil Nadu Industrial Development Corporation Ltd (TIDCO) was set up in 1965 to promote large and medium industries. The Corporation has been offering handsome equity support for setting up industries in the joint sector. The initial kick-start provided by TIDCO was extremely helpful in scaling up investments by entrepreneurs.

Piped gas for TN cities soon

A 9 million tonne refinery is to be set up by the Chennai Petroleum Corporation at Nagapattinam at a cost of Rs 30,000 crore - CPCL’s S N Pandey. Speaking at the Chemvision organised by CII, S N Pandey, Managing Director, Chennai Petrochemicals, referred to the increasing use of natural gas