State Industries Promotion Corporation of Tamil Nadu State Industries Promotion Corporation of Tamil Nadu Limited institution owned by the Government of Tamil Nadu .History The State Industries Promotion Corporation of Tamil Nadu Limited was formed in the year 1971 , to promote industrial growth in the State and to advance term loans to medium and large industries Functions The Functions of State Industries Promotion Corporation of Tamil Nadu Limited are: Development of industrial complexes/parks/industrial estate in Nallamballi Road growth centres with basic infrastructure facilities Establishing sector-specific Special Economic Zones ; Implementation of Special infrastructure Projects;SIPCOT Estates established industrial complexes in 16 areas, according to the SIPCOT webpage. These include:going to be established in Dharmapuri,Thiruvannamalai and Manapparai soon.SIPCOT IT Park is the largest Information Technology Park in Asia, located in Padur, Siruseri, along the IT Corridor , Chengalpattu taluk , Chengalpattu District .Other links
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