The Indian Chamber of Commerce and Industries, Coimbatore expressed their gratitude over price-slashing on SIDCO plots stating that this will help businessmen buy plots at affordable prices.
Coimbatore: The Indian Chamber of Commerce and Industries, Coimbatore expressed their gratitude over price-slashing on SIDCO plots, stating that this will help businessmen buy plots at affordable prices.
The Tamil Nadu Government slashed the prices of SIDCO (Small Industries Development Corporation) plots on Tuesday, to achieve a $1 trillion economy goal. The move was appreciated across the state to aid MSME's growth and help entrepreneurs and business persons to buy lands at affordable prices.
In a press release by the Indian Chamber of Commerce and Industry, Coimbatore, the ICCI President, C Balasubramanian stated, “The Indian Chamber of Commerce and Industry, Coimbatore wholeheartedly welcomes the announcement of the Chief Minister of Tamil Nadu, M K Stalin that the prices of plots at various SIDCO (Small Industries Development Corporation) estates across Tamil Nadu is reduced by 5 percent to 75 percent, depending on the Industrial estate.
We thank the Chief Minister for this announcement which is aimed at improving industrial investment in the state. This will certainly achieve the Chief Minister‘s target of making Tamil Nadu a US $1 trillion economy by 2030. By reducing the land rates, the Government has made it affordable for entrepreneurs and business persons to buy plots in various SIDCO industrial estates. The price reduction in the rates of plots in the SIDCO industrial estates which is announced for the first time in 50 years will certainly support and help the medium enterprises to buy remaining vacant lands at present. We once again thank the Government and the Chief Minister for this move in the interest of industrial development in the state,” he added.
The Tamil Nadu Government slashed the prices of SIDCO (Small Industries Development Corporation) plots on Tuesday, to achieve a $1 trillion economy goal. The move was appreciated across the state to aid MSME's growth and help entrepreneurs and business persons to buy lands at affordable prices.
In a press release by the Indian Chamber of Commerce and Industry, Coimbatore, the ICCI President, C Balasubramanian stated, “The Indian Chamber of Commerce and Industry, Coimbatore wholeheartedly welcomes the announcement of the Chief Minister of Tamil Nadu, M K Stalin that the prices of plots at various SIDCO (Small Industries Development Corporation) estates across Tamil Nadu is reduced by 5 percent to 75 percent, depending on the Industrial estate.
We thank the Chief Minister for this announcement which is aimed at improving industrial investment in the state. This will certainly achieve the Chief Minister‘s target of making Tamil Nadu a US $1 trillion economy by 2030. By reducing the land rates, the Government has made it affordable for entrepreneurs and business persons to buy plots in various SIDCO industrial estates. The price reduction in the rates of plots in the SIDCO industrial estates which is announced for the first time in 50 years will certainly support and help the medium enterprises to buy remaining vacant lands at present. We once again thank the Government and the Chief Minister for this move in the interest of industrial development in the state,” he added.