There are three factories planned (signed) today before the Tamil Nadu Chief Minister.
JK Types, Videocon and Indian Oil Corporation. JK Tyres to be set up in Sriperumpudur.
Videocon to set up Rs.1500 crores facility for manufacture of LCD Plasma and other accessories in Manacoimbatore SIPCOT (near Coimbatore), which would give a huge employment in that area directly and indirectly.
This is a good news around Coimbatore. As always lands near or on the way to Manacoimbatore will be a good investment at this point.
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