NE BUSINESS BUREAU
THOOTHUKUDI, MARCH 7
TN Chief Minister MK Stalin on Monday laid the foundation stone for India’s first-ever International Furniture park at Thoothukudi. The country’s first-ever International Furniture Park is coming up on the outskirts of Thoothukudi on an area of 1,150 acres at an outlay of Rs 1,000 crores.
Along with the laying of the foundation stone, the Tamil Nadu Government also signed 14 MoUs at Thoothukudi worth Rs. 4,488 crore. With the additional 14 MoU’s signed, these companies once fully operational will provide jobs to over 15,103 persons.
- The proposed park will hold 1,150 acres with Plug ‘N’ Play infrastructure, warehousing facility, integrated residential and Social Zones, Integrated testing and design Laboratory, common training centres as well as Business centres.
Infamous for being the country’s third-largest Timber Importer, importing from across various countries including Myanmar and Australia among other countries via the VOC Port, the state government had proposed to set up the Furniture Park in the coastal town of Thoothukudi.
மொத்தத்தில், ரூ. 4,755 கோடி முதலீடு, 17,476 நபர்களுக்கு வேலைவாய்ப்பு கிடைத்திடும் வகையில் 33 புதிய திட்டங்களுக்கான புரிந்துணர்வு ஒப்பந்தங்கள் கையெழுத்திடப்பட்டுள்ளன!
அனைத்து மாவட்டங்களையும் வளர்த்தெடுப்போம்! அதுதான் #DravidianModel! (2/2)
— M.K.Stalin (@mkstalin) March 7, 2022
Spread across 1,150 acres of land in the SIPCOT Industrial Complex, built at an estimated cost of Rs 1,000 crore, the Furniture Park will be the first-of-its-kind to be set up in the country. With this, the industrial complex will be home to about 100 furniture manufacturing units.
33 புதிய திட்டங்களுக்கான புரிந்துணர்வு ஒப்பந்தங்கள் கையெழுத்திடப்பட்டன
2/3 pic.twitter.com/0k5lbNgjtb— TN DIPR (@TNDIPRNEWS) March 7, 2022
Proposed in the Revised Budget, the Furniture Park, which recently got clearance from the State Environment Impact Assessment Authority (SEIAA) is looking to attract investment of Rs 4,500 crore and enable employment of 3.5 lakh persons. At a state Cabinet meeting chaired by CM MK Stalin on Saturday, important discussions regarding the state budget as well as upcoming industrial projects like the Furniture Park were discussed.
The proposed park will hold 1,150 acres with Plug ‘N’ Play infrastructure, warehousing facility, integrated residential and Social Zones, Integrated testing and design Laboratory, common training centres as well as Business centres.
