Tamil Nadu Industrial Development Corporation (TIDCO) is a governmental agency in the state of

Tamil Nadu Tamil Nadu (; , TN) is the southernmost States and union territories of India, state of India. The List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of Indi ...

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

. It is responsible for the development of industries in the state and often partners with companies in the Indian government's Small Industries Development Corporation program as TANSIDCO. The managing director is Sandeep Nanduri. It is also responsible for the formation of TPIPL, TICEL & TIDEL parks in partnership with

ELCOT The Electronics Corporation of Tamil Nadu Limited ''(ELCOT)'' () is an Indian, public sector undertaking, established on 21 March 1977. ELCOT functions to promote, establish and run State Public Sector Enterprises for Electronic items; manage, sup ...

& SIPCOT.

History

TIDCO was established on 21 May 1965 as a wholly owned

Government of Tamil Nadu The Government of Tamil Nadu () is the administrative body responsible for the governance of the Indian state of Tamil Nadu. Chennai is the capital of the state and houses the state executive, legislature and head of judiciary. Under the Const ...

enterprise. On 26 July 1984, TIDCO collaborated with the

Tata Group The Tata Group () is an Indian multinational conglomerate group of companies headquartered in Mumbai. Established in 1868, it is India's largest business conglomerate, with products and services in over 160 countries, and operations in 100 c ...

and established Titan Watches Ltd., which has been known as

Titan Company Titan Company Limited is an Indian company that mainly manufactures fashion accessories such as jewellery, watches and eyewear. Part of the Tata Group and started as a joint venture with Tamil Nadu Industrial Development Corporation, TIDCO, th ...

since 2013. Titan inaugurated its first watch factory in a SIPCOT promoted area in

Hosur Hosur is an industrial city located in the Tamil Nadu state of India. Hosur is one of the 21 municipal corporations in Tamil Nadu. It is located on the bank of the river River Ponnaiyar, southeast of Bengaluru and west of Chennai, the state ...

on 11 March 1988.

References

External links

Official website
Government of Tamil Nadu Economy of Tamil Nadu {{India-econ-stub