Codissia Industrial Park Ltd (CIPL) is planning to establish two industrial parks — one north of Avinashi Road and the other south of Trichy Road in Coimbatore, Tamil Nadu. It has signed an agreement with the Tamil Nadu government during the Global Investors Meet recently. It is the final stages of land procurement and the project consultant IL&FS is in the process of surveying and finalizing the layout. The two industrial parks will accommodate 380 industrial units and the total project outlay estimated at over Rs.3,000 crore.
Extracted from HBL, Sep 16,’15