The New Indian Express
28th December, 2002

Chennai to boast of first Women's Industrial Park

CHENNAI: The concept is new. But it's worth a trial. In keeping with the changing times, the Tamil Nadu Small Industries Development Corporation (TANSIDCO) is coming up with the State's first ever industrial park exclusively devoted to women entrepreneurs of the city near Avadi. Named Thirumullaivoil Women's Industrial Park, it will go on steam in April, 2003, sources say.

''We are speeding up the developmental works for the estate such as laying of roads, water supply, street lights and power supply, and I hope they will be completed by March, 2003, as per the schedule,'' Rural Industries Minister R Vadivel told The New Indian Express on Friday.

The estate is at Kattur village, 12 km from Avadi.

The authorities are planning to implement the first phase of the project in a total area of 290 acre. Of this, 218 acre is marked for 342 plots. And works are going on with an initial outlay of Rs 6.10 crore. The work for the estate started in June this year.

Of 218 acre, about 60 acre has been earmarked for facilities like roads, bus terminus, police station, fire brigade, electricity sub-station, post office and bank.

''For second phase, the government has given administrative approval for acquiring 122 acre of private land 'lying vacant' in the area and about 136 acre of land belonging to a temple. About 500 acre has been identified for the third phase,'' official sources said.

Allotment of plots will be under the discretion of SIDCO and it would be done on first-come-first-serve basis. Cost of the land would be Rs 8 lakh per acre. A minimum of 25 cents would be allotted to an applicant, they added.

SIDCO Thirumullaivoil branch manager R Thirunavukkarasu said the cost of an application form was Rs 300, and applicants should pay an amount of Rs 3,000 as non-refundable processing fee and Rs 10,000 as EMD along with the application.

If it is cash purchase, allotees should pay 25 per cent of the land cost within two months from the date of allotment and the remaining amount in the next four months, he said. If it is on hire-purchase basis, 25 per cent of the land cost should be paid in two months from the date of allotment and the remaining amount should be paid in 12 half-yearly instalments.

Allotees should complete their construction work and commence the production within two years of the allotment, Thirunavukkarasu stated.

However, no allotment will be made for water-oriented and other polluting industries like textile, paper, petroleum, chemical, rubber, soaps and glass as they may affect the nearby Puzhal Lake.

According to officials, so far, 700 applications have been sold and 85 entrepreneurs have applied, and allotments are expected to be made from February.

''The government has already announced that industrial estates for women will also come up in Tiruchy, Salem, Madurai and Coimbatore, and we hope we can inaugurate the next park in Salem very soon,'' the Minister informed.