Tamil Nadu Industrial Development Corporation

Tamil Nadu Industrial Development Corporation (TIDCO) is a governmental agency in the state of Tamil Nadu, India. It is responsible for the development of industries in the state by formulating policies that help industry growth, and by establishing industrial estates. It often partners with TANSIDCO (Small Industries Development Corporation). TIDCO has established the Tidel Park in Chennai and Tidel Park in Coimbatore for information technology companies, and Ticel Park in southern Chennai(near to Tidel Park) for chemical companies.
History
TIDCO was registered under the Companies Act, 1956, as a public limited company with the Registrar of Companies, Tamil Nadu, on 21 May 1965.
Objectives
TIDCO was established with the following objectives

To plan and execute projects for setting up of industries or developing lines of production.
To establish and administer industries for production of plant, machinery, tools
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