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Work on Cosiema industrial estate to begin this year
- | Thursday | 21st March, 2019
Coimbatore: The purchase of land for the proposed industrial estate at Kinathukkadavu near the city by Coimbatore Sidco Industrial Estate Manufacturers Welfare Association (Cosiema) was almost over, said its representatives. Similarly, Tamil Nadu Association of Cottage and Micro Enterprises (TACT) has come up with a proposal to set up an industrial estate in the district. The association would soon move for clearances and begin the construction activities in five months, they said.President of Cosiema S Surulivel said the association has completed land purchase procedures for 38acres out of the total 42acres. “In addition to this, the member firms would invest Rs5crore to Rs10crore each, which would be around Rs165crore,” he said.Fifty-two member-firms would set up plants at the estate, Surulivel said. They have also planned to set up a common tool room at the estate, he added.
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