SIMA sets benchmark for industrial estates

The Hindu | Feb 22, 2021 at 8:51 PM
  • The SIPCOT estate at Irungattukottai stands out in the State for its success in nurturing a model industrial township.
  • The cluster has, within a decade, evolved into a model township consisting of well laid-out roads lined with avenue trees and pavements, electricity distributed through underground power lines, a concrete-paved truck terminal to de-congest the service roads of the industrial township, LED street lights, and a police security booth at the entrance.
  • Thanking the State government and SIPCOT for reducing the lease rental from ₹7 to ₹2 per square feet, and helping increase the built-up coverage to 75% from 50%, Mr. Thyagarajan wanted SIPCOT to change the land holding rights to freehold from leasehold.