CM Stalin Inaugurates Precision Tech Centre in Kancheepuram
ECONOMY & POLICY

CM Stalin Inaugurates Precision Tech Centre in Kancheepuram

Chief Minister MK Stalin inaugurated the first-of-its-kind Precision Engineering and Technology Centre (PETC) at Thirumudivakkam, Kancheepuram. Developed under the Precision Mega Cluster initiative, the centre is designed to foster innovation, skill development, and adoption of advanced technologies for MSMEs (Micro, Small, and Medium Enterprises).

Built at an investment of Rs 18.18 crore, the PETC is part of the Precision Manufacturing Mega Cluster Scheme. The Tamil Nadu government provided a subsidy of Rs 13.33 crore for its establishment on the SIDCO industrial estate campus.

The facility is equipped with cutting-edge amenities including an engineering design centre, re-engineering lab, patent registration centre, additive manufacturing centre, and a testing lab.

"This centre will be transformative for MSMEs, enabling them to innovate and compete globally," stated Chief Minister Stalin. He further emphasized that over three lakh MSMEs in the state would benefit from the facility. The PETC aims to assist MSMEs, startups, young engineers, and college students in utilizing advanced software for designing without relying on large firms.

The Mega Cluster project is a collaboration between 14 MSME associations in and around Chennai, supported by the government. Among those present at the inauguration were State MSME Minister T. M. Anbarasan, Sriperumbudur MP T. R. Baalu, Congress Legislature Party Leader K. Selvaperunthagai, and other senior officials.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Chief Minister MK Stalin inaugurated the first-of-its-kind Precision Engineering and Technology Centre (PETC) at Thirumudivakkam, Kancheepuram. Developed under the Precision Mega Cluster initiative, the centre is designed to foster innovation, skill development, and adoption of advanced technologies for MSMEs (Micro, Small, and Medium Enterprises). Built at an investment of Rs 18.18 crore, the PETC is part of the Precision Manufacturing Mega Cluster Scheme. The Tamil Nadu government provided a subsidy of Rs 13.33 crore for its establishment on the SIDCO industrial estate campus. The facility is equipped with cutting-edge amenities including an engineering design centre, re-engineering lab, patent registration centre, additive manufacturing centre, and a testing lab. This centre will be transformative for MSMEs, enabling them to innovate and compete globally, stated Chief Minister Stalin. He further emphasized that over three lakh MSMEs in the state would benefit from the facility. The PETC aims to assist MSMEs, startups, young engineers, and college students in utilizing advanced software for designing without relying on large firms. The Mega Cluster project is a collaboration between 14 MSME associations in and around Chennai, supported by the government. Among those present at the inauguration were State MSME Minister T. M. Anbarasan, Sriperumbudur MP T. R. Baalu, Congress Legislature Party Leader K. Selvaperunthagai, and other senior officials.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement