Located on an expanse of 243.49 acres along Tiruchi-Chennai National Highway, the SIPCOT Industrial Park was inaugurated in consonance with the announcement made in the Assembly earlier this year. .

An official press release said two MoUs for investment of 1,700 crore were signed with Kothari Phoenix company during August soon after the Government formulated a separate policy for footwear and leather goods manufacturing.

Altogether, the 12 MoUs involving a total investment of 2,440 crore would ensure employment opportunities for 29,500 people, the press release said.

CM Commissions SIPCOT Industrail Park in Perambular District.