On Wednesday, November 6, Chief Minister MK Stalin announced several multi-crore projects aimed at boosting the infrastructure and economy of Coimbatore. These projects include an industrial complex dedicated to jewellery making and a new IT complex covering around 17 Acres.
The announcements followed the foundation stone laying for the Thanthai Periyar Library and Science Centre, an eight-storey structure worth an estimated 300 INR-Crore. Among the key projects, CM Stalin revealed that the Avinashi Road flyover would be extended by 5Km, from Chinniampalayam to Neelambur. The estimated cost is 600 INR-Crore. The total flyover length will now reach 15 Km. Additionally, a road improvement project within Coimbatore Corporation will be carried out at a cost of around 200 INR-Crore.
The jewellery industrial complex is to be constructed at the Kurichi Industrial Estate with an estimated investment of 126 INR-Crore. It will create direct and indirect employment opportunities for nearly 3,500 people. This complex will include all necessary facilities, such as a NABL-accredited lab. Furthermore, the new IT complex will span approximately 3 Million-SqFt and provide job opportunities for 36,000 youth.
Also Read: Economic Survey FY 2023-24: Infrastructure Sector Milestones & Future Outlook
The government will also allocate around 7 INR-Crore to construct fences along a 10 Km stretch in Thondamuthur. Additionally, a 26 INR-Crore drinking water project will be initiated for Kottur, Vettaikaranputhur, Udayakulam, and Anaimalai panchayats. Another 52 INR-Crore will expand the water project to benefit 295 villages in Pollachi and Kinathukadavu.
Furthermore, the Periyar Library and Science Center will be completed by January 2026. Meanwhile, the 133 INR-Crore Semmozhi Poonga is set to open in June 2025. These bold development projects in Coimbatore approved by MK Stalin, reflect a significant step towards modernizing the city and contributing to its growth.
Biltrax Construction Data is tracking 33,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.