Chennai:
Aspiring to put the state on a higher growth orbit, Tamil Nadu government has proposed to introduce a new set of policies and reforms to accelerate the pace of industrialisation.
The work on formulating five policies would be announced "shortly," a policy note for 2012-13 tabled in the state Assembly said.
The policies being worked on by the government are Tamil Nadu Industrial Policy, 2012, Tamil Nadu Biotechnology Policy, 2012, Tamil Nadu Aerospace Industrial Policy, 2012, Tamil Nadu Automobiles and Auto Components Industry Policy, 2012 and Tamil Nadu Land Acquisition Policy for Industries, 2012.
Chief Minister Jayalalithaa's recent scheme of 'Tamil Nadu Vision 2023' aims at 14 per cent growth in the manufacturing sector in the next 11 years.
Tamil Nadu Industrial Development Corporation Limited (TIDCO) was also planning multi product SEZs (Special Economic Zones) across the state, it said.
According to a policy note tabled in the state Assembly, TIDCO was planning multi product SEZs at Tiruvallur, Perambalur and Krishnagiri districts.
A 3000-acre land has been ear-marked in Perambalur district for which the Union Ministry of Commerce and Industries has already accorded its approval, while 280-acre land has been identified in Krishnagiri district.
"As per the directions of the government, TIDCO is also taking steps for implementing Aerospace Park, Bio Technology Core Instrumentation Facility, Expansion of Chennai Trade Centre, Integrated Food Irradiation Centre and Integrated Financial Service Centre," it said.
Steps were being taken to develop an Integrated Financial Services Centre near here to attract both the domestic and overseas financial institutions to promote industrial development in the state, it said.
Buoyed by the readiness of many companies to invest in the state, SIPCOT (State Industries Promotion Corporation of Tamil Nadu) was creating a land bank for immediate allotment to them.
"In the competitive market, SIPCOT with a view to keeping adequate lands readily available with it to facilitate immediate allotment to the investors, it is in the process of creating a land bank with acquistion of about 16,400 acres in 13 different locations covering six districts," it said.