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.

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

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Next Story
Building Material

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

Next Story
Infrastructure Urban

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?