On the proposed semiconductor park in Kancheepuram, Vijay said: The wider industry impact

On the proposed semiconductor park in Kancheepuram, Vijay said: The wider industry impact

Tamil Nadu CM Vijay

CHENNAI: Chief minister C Joseph Vijay on Monday announced a Rs 20,800cr supercritical thermal power project in Tuticorin, part of a wider Rs 55,628-cr push to strengthen Tamil Nadu’s power generation, transmission and distribution infrastructure. He also announced the ‘Tamil Nadu transmission improvement scheme’ at an estimated cost of Rs 33,066 cr. Under the scheme, 196 substations will be established and transmission lines extending over 15,000km will be laid, the CM said. Vijay further announced a Rs 1,762-cr distribution improvement scheme for Chennai, saying the city required stronger infrastructure to withstand extreme weather conditions during monsoon and summer. The move follows the 2026-27 budget announcement on developing multi-modal logistics parks and dry ports at strategic locations.

He also announced a Rs 175cr semiconductor and electronics manufacturing park at Maduramangalam in Kancheepuram district. He also announced a Rs 400cr FinTech Hub in Coimbatore, to be established by Tamil Nadu Industrial Development Corporation through public-private participation. For the central region, Vijay announced a multi-modal logistics hub in Trichy.

“With power load continuously increasing, investments in the generation sector are essential,” Vijay said. On the proposed semiconductor park in Kancheepuram, Vijay said Sipcot would develop the facility. “The park will help attract investments of up to Rs 2,000 crore and create employment opportunities for 5,000 people,” Vijay said. “The hub will have office spaces, startup facilities, advanced laboratories and training and skill-development infrastructure aimed at attracting investments in financial technology and related sectors,” he said.

The scheme will focus on strengthening the network needed to evacuate power from generation centres and transmit it to major consumption hubs including Chennai. Tidco will study and prepare a detailed project report for the facility that will support manufacturing industries and MSMEs in Trichy and neighbouring districts.

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