AMATEURISH WAY OF PROMOTING INDUSTRY IN TAMIL NADU
The conditions in Tamil Nadu are not ideal for setting up projects particularly in chemical biotech sector etc., since the so called environmental activists who seem to be half politicians will block the projects under one pretext or the other. Several industrial units are remaining closed. The recent example is the Rs. 15,000 crore Nagarjuna petrochemical complex in Cuddalore, in which Tamil Nadu government (TIDCO) has a share and the project has gone into liquidation.
The ideal method is to prepare specific project schemes with complete details and then hold a meeting of the related international companies for a meaningful discussion.
Recently, a proposal was sent to Tamil Nadu government by a technologist suggesting investment potential of Rs. 1300 crore in Salem district for a tapioca based chemical project complex. No reply was received.
N.S.Venkataraman
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