70% More Funds for Industries Department
The New Indian Express Coimbatore
|March 15, 2025
In its bid to make Tamil Nadu a global hub for high-tech industries, ₹3,915 crore has been allocated to the department of industries, investment promotion, and commerce.
This is nearly 70% more than the ₹2,295 crore announced for the department in the 2024-25 budget.
The state has announced key initiatives, including a semiconductor fabless lab in Chennai, a new airport at Rameswaram, and a knowledge corridor in Hosur.
To cement its status in semiconductor manufacturing, the government will develop semiconductor manufacturing parks in Sulur, Coimbatore, and near Palladam—each spread over 100 acres. These hubs will be developed in partnership with companies from the US, Singapore, Malaysia, and Taiwan, positioning Coimbatore as a key economic driver.
Esta historia es de la edición March 15, 2025 de The New Indian Express Coimbatore.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The New Indian Express Coimbatore
The New Indian Express Coimbatore
From blind spots to bookshelves
In a small classroom in Silattur, the usual yet distinct squeaking noise of chalk goes missing when a Tamil teacher steps in.
2 mins
January 04, 2026
The New Indian Express Coimbatore
In five years, more tigers died outside protected reserves
INDIA'S tiger conservation success story has a flip side.
1 mins
January 04, 2026
The New Indian Express Coimbatore
KKR DROP BANGLADESH PLAYER, FOCUS SHIFTS TO T20 WORLD CUP TIES
AMIDST the rising criticism over signing Bangladesh seamer Mustafizur Rahman, Kolkata Knight Riders released the player from their IPL 2026 squad following instructions from the cricket board.
1 mins
January 04, 2026
The New Indian Express Coimbatore
TIME FOR A RESOLUTION ON REST
returned from Uttarakhand when the Char Dham yatra season was coming to an end.
4 mins
January 04, 2026
The New Indian Express Coimbatore
Snake bite claims 13 lives in 50 days in U’khand amid climate-change scare
CLIMATE change is increasingly being cited as the primary driver behind the alarming surge in wildlife attacks across Uttarakhand, with recent data suggesting the impact extends beyond bears and leopards to include venomous snakes becoming unusually active during winter months.
1 min
January 04, 2026
The New Indian Express Coimbatore
U.S. SNATCHES MADURO
Venezuela President, wife being taken to New York in dramatic coup; US will run it for now
2 mins
January 04, 2026
The New Indian Express Coimbatore
2 classmates kill TN youth in 'fight for girl'
A 19-year-old student doing his second-year BA at Vellore’s Voorhees College was allegedly bludgeoned to death with an iron rod by two of his classmates in a suspected dispute over relationship with a girl.
1 min
January 04, 2026
The New Indian Express Coimbatore
Banks see sharp rise in deposit, credit in Q3FY26
DRIVEN by high festive demand and GST rate cut-induced shopping spree, both public and private sector banks have turned the low-credit-growth-lower deposit growth tides in the third quarter clocking high to mid double digits growth in advances and deposit accretion.
1 min
January 04, 2026
The New Indian Express Coimbatore
India needs political will to handle its many health crises
§ 2026 begins, India’s health sector faces formidable challenges.
3 mins
January 04, 2026
The New Indian Express Coimbatore
Trump’s Venezuela action sets dangerous precedent, says Takshashila chair
IN a blatant expression of unbridled power, US President Donald Trump struck Venezuela and abducted sitting President Nicolas Maduro and his wife from their heavily guarded location in Caracas Calling the US action extraordinary and setting a “dangerous precedent,” Chairperson, Indo-Pacific Studies Programme, Takshashila Institution, Bengaluru, Manoj Kewalramani said that “legally speaking, this operation stands on a weak footing.
1 min
January 04, 2026
Listen
Translate
Change font size