Chennai will get a multi-storeyed industrial complex
next year, said M.C. Sampath, Minister for Rural Industries and
Nutritious Noon Meal, here on Saturday.

Addressing
the valedictory of the 21st edition of the Small and Tiny Industries
Convention-2012 (STICON-2012) organised jointly by Tamil Nadu Small and
Tiny Industries Association (TANSTIA) and Hosur Small and Tiny
Industries Association (HOSTIA), Mr. Sampath said that the State
Government will bring about a sea-change in the development of small and
tiny industries. Due to paucity of land, the government is mulling
establishing multi-storeyed industrial complexes in the State. The first
such complex would be established in Chennai.

The
government also gave its nod for setting up 20 industrial clusters
across the State and the government has allocated Rs. 136 crore for the
purpose. With a view to improve the service to the small and tiny
industries, the government has also sanctioned Rs. 3 crore for the
construction of buildings for SIDCO in all the industrial estates in the
State and Rs. 50 lakh for construction of District Industries Centres.

The
government had announced subsidy for buying generators and the amount
of subsidy has been enhanced to Rs. 5 lakh from Rs. 3 lakh.The
demands including construction of hostels for labourers in all the
industrial estates and permanent exhibition venue like Trade Centre in
Chennai would be considered, he said.

Addressing the
convention, P. Palaniappan, Minister for Higher Education, said that the
demand of the entrepreneurs would be met by establishing a Centre for
Incubator Technology in all the universities in the State.

With
a view to improve the employability of the graduates, the government
has allocated Rs. 16.50 crores for skill development of the youth.

K.P.
Munusamy, Minister for Municipal Administration and Rural Development,
said that the government will consider all the demands of the
entrepreneurs except some which couldn’t be implemented immediately.

He also gave away a cheque of Rs. 70 lakh as government’s share towards setting up an auto cluster at a cost of Rs. 6.90 crore.

Document of land allocated to HOSTIA was handed over to its president K. Sampath.Harmander
Singh, Commissioner for Industries and Commerce, K.R. Thangaraj,
president, TANSTIA, and Dhanasekar, vice-president, TANSTIA,
participated.Over 2,000 entrepreneurs from across the State participated in the two-day convention.