TIDCO (Tamil Nadu Industrial Development Corporation) has planned to partner with a private company to develop a test centre for Electromagnetic Compatibility and Communication (EMI/EMC) in Trichy. The proposed facility will be developed over 1.2 acres of land parcel at an estimated construction cost of 120 INR Crore.
B Krishnamoorthy, special secretary and project director for TIDCO, informed that the layouts and equipment required for the test centre have been finalized. The proposed facility will be a key to the Ministry’s efforts towards building an enabling ecosystem for the electronics and advanced manufacturing sectors.
Also Read: Upcoming Residential Project – Rajapushpa Aurelia, Tellapur, Hyderabad
Out of the total funding, 75 INR Crores will be funded by the Ministry of Electronics and Information Technology, while the rest will be raised through equities. TIDCO has proposed to invest approximately 13 INR Crore as equity and has floated an Expression of Interest (EOI) to find partners for the remaining investment.
TIDCO has also planned two more test centres in the district (near Sriperumbudur), for providing improved reliability and safety for electrical and electronic equipment.
Biltrax Construction Data is tracking 27,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights and 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 contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.
0
