CHENNAI GOES NORTH
Business new tamfitronics Tidel Park, Pattabiram. Photo by C Suresh KumarIT, ITeS, GCC, fintech, deep-tech and startup companies are set to foray into one of the state’s oldest manufacturing hubs, north Chennai and Tiruvallur, so far known for petrochemicals, auto components, steel plants, heavy engineering and MSMEs. The state govt has announced a slew of initiatives such as TN Tech City at Madhavaram and Tamil Nadu Knowledge City at Uthukottai in Tiruvallur district. And, a 21-storey Tidel Park is nearing inauguration at Pattabiram near Avadi.State-owned Tidco, which is setting up TN Tech City, expects the facility to attract domestic and global investments of 33,610 crore over the next 20 years. Unlike the IT-focused tidel parks, the 150-acre tech city will support emerging technologies across sectors — IT, life sciences, aerospace and defence, space and...