+
SIPCOT set to allocate land to US company at Manapparai Industrial Park
ECONOMY & POLICY

SIPCOT set to allocate land to US company at Manapparai Industrial Park

Jabil Inc, a U.S.-based multinational, has entered into a memorandum of understanding (MoU) with the State government to establish an electronic manufacturing unit in Tiruchi. The company is likely to receive land allocations at the SIPCOT (State Industrial Promotion Corporation of Tamil Nadu) industrial park located near Manapparai along the Tiruchi-Dindigul highway.

In 2013, the State government issued a G.O. aimed at providing affordable long-term leases for land at the industrial park in Tiruchi district. Following a lengthy land acquisition process, SIPCOT secured 1,096.36 acres in Kannudaiyanpatti, K. Periyapatti, and Chatrapatti near Manapparai. The organization subsequently developed essential infrastructure, including roads, electricity, and drinking water, and began accepting applications for land allotments in 2019.

Out of the 1,096 acres, 131.92 acres have been allocated to the Small Industries Development Corporation (SIDCO), while SIPCOT is currently working on site allotments for interested industries.

Sources indicate that the State government is eager to provide Jabil Inc with the necessary land at the SIPCOT park. The company, known for supplying electronic components to major clients like Apple, Cisco, HP, and Dell, is seeking around 70 acres for its electronics manufacturing unit, with a planned investment of ?2,000 crore.

Should Jabil Inc receive the land allocation, it will become the first major multinational corporation to secure sites at the SIPCOT industrial park in Manapparai, potentially creating around 5,000 jobs.

Despite beginning the allotment process in 2019, industry response has been tepid. However, Jabil Inc’s involvement is anticipated to stimulate interest from other companies looking for land in the industrial park.

A senior official noted that SIPCOT has already allocated land to 13 companies, including five in the food production sector and eight in general engineering. Approximately 80 acres have been leased for 99 years, with 24.45 acres designated for food-based units and 45.65 acres for engineering companies. Those awarded land are currently engaged in construction activities.

Jabil Inc, a U.S.-based multinational, has entered into a memorandum of understanding (MoU) with the State government to establish an electronic manufacturing unit in Tiruchi. The company is likely to receive land allocations at the SIPCOT (State Industrial Promotion Corporation of Tamil Nadu) industrial park located near Manapparai along the Tiruchi-Dindigul highway. In 2013, the State government issued a G.O. aimed at providing affordable long-term leases for land at the industrial park in Tiruchi district. Following a lengthy land acquisition process, SIPCOT secured 1,096.36 acres in Kannudaiyanpatti, K. Periyapatti, and Chatrapatti near Manapparai. The organization subsequently developed essential infrastructure, including roads, electricity, and drinking water, and began accepting applications for land allotments in 2019. Out of the 1,096 acres, 131.92 acres have been allocated to the Small Industries Development Corporation (SIDCO), while SIPCOT is currently working on site allotments for interested industries. Sources indicate that the State government is eager to provide Jabil Inc with the necessary land at the SIPCOT park. The company, known for supplying electronic components to major clients like Apple, Cisco, HP, and Dell, is seeking around 70 acres for its electronics manufacturing unit, with a planned investment of ?2,000 crore. Should Jabil Inc receive the land allocation, it will become the first major multinational corporation to secure sites at the SIPCOT industrial park in Manapparai, potentially creating around 5,000 jobs. Despite beginning the allotment process in 2019, industry response has been tepid. However, Jabil Inc’s involvement is anticipated to stimulate interest from other companies looking for land in the industrial park. A senior official noted that SIPCOT has already allocated land to 13 companies, including five in the food production sector and eight in general engineering. Approximately 80 acres have been leased for 99 years, with 24.45 acres designated for food-based units and 45.65 acres for engineering companies. Those awarded land are currently engaged in construction activities.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code