SIPCOT, or the State Industries Promotion Corporation of Tamil Nadu, was established in 1971 to foster industrial growth in Tamil Nadu. With 50 industrial parks, it has facilitated over 3,290 industrial units and generated millions of jobs. The initiative aims to enhance the state's economy, targeting a $1 trillion economy by 2030. SIPCOT focuses on sector-specific parks, innovation centers, and sustainable housing for workers, playing a crucial role in Tamil Nadu's industrial landscape.
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