TIDCO to Begin Land Parcel Allocation in Sulur Starting Next Month

09 Oct 2024 CW Team

The Tamil Nadu Industrial Development Corporation (TIDCO) plans to allocate land to various companies for setting up manufacturing units at the Aerospace and Defence (A&D) Park in Varapatti, Sulur taluk, starting next month. TIDCO has already acquired 364.20 acres in the village for this purpose.

B. Krishnamoorthi, the project director at TIDCO, mentioned that they had obtained environmental clearance from the central government to establish the park. Of the total land, 260 acres are available for allocation, while the remaining area will be used for developing common facilities. He noted that many prominent companies have shown interest in securing land at the park. TIDCO plans to lease the land to these companies for a period of 99 years starting from the following month.

The Coimbatore district administration had facilitated the land acquisition for the project, with TIDCO paying ?108.76 crore. District Collector Kranthi Kumar Pati confirmed that the land had been successfully handed over to TIDCO for further development.

Additionally, Krishnamoorthi shared that TIDCO intends to create plug-and-play office spaces at Varapatti for startups, making it Tamil Nadu’s first Aerospace and Defence Park. TIDCO is also planning to acquire an additional 197 acres near the Indian Air Force Station at Sulur Air Base to establish another A&D Park. This land will be acquired from villages in both Coimbatore and Tirupur districts.

A special unit has been formed by the Coimbatore district administration to manage the land acquisition process in these villages. An official stated that notifications to landowners would be issued soon, initiating the acquisition process.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..