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
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Real Estate

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

Next Story
Infrastructure Transport

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?