About Tidco

Tamil Nadu Industrial Development Corporation Limited (TIDCO) was established in 1965 as a Government of Tamil Nadu Enterprise to stimulate industrial development and leverage capital investment through joint ventures. TIDCO facilitates investment in large industrial and infrastructure projects in Tamil Nadu. TIDCO is registered with the Reserve Bank of India as a Non-Banking Financial Company.

TIDCO promotes four types of Joint Ventures:
  • Joint Sector (equity participation - Above 11% and upto 26%).
  • Associate Sector (equity participation of 2% to 11%).
  • Escort Sector (1%equity).
  • Escort Services (no equity participation).

TIDCO has promoted several joint ventures for manufacturing products such as wrist watches, auto parts/ components, iron and steel products, textiles, fertilizers, chemicals, pharmaceuticals, processed food products and leather products. It has also ventured into setting up of I.T Parks, Bio-Tech Parks, Special Economic Zones (SEZ), Road Development Projects, Agri Export Zones (AEZ) and Special Investment Regions.

Titan Industries, Mahindra World City, Ascendas IT Park, TIDEL Park, TICEL Biopark, IT Expressway, Chennai Trade Centre, Tamilnadu Petro products, TIDEL Park Coimbatore Limited and L&T Shipbuilding Ltd are some of the important joint ventures of TIDCO.

Go to Tidco Website »