Assistance is available to industrial concerns engaged in or proposing to engage in the following:

• Manufacturing, processing or preservation of goods
• Mining including Development of Mines
• Generation of Electricity or any other form of energy including wind mills
• Setting up of Nursing Homes and X-ray centres / diagnostic labs / scan   centres &   Purchase of Electro Medical equipments by Doctors.
• Maintenance, repair, testing, servicing of machinery or any types of vehicles,   sailing   vessels, electrical and electronic equipments, etc.
• Assembling, repairing or packaging of articles with the aid of machinery or   power
• Hotels / Motels / Restaurants
• Purchase of Vehicles for materials / goods / transportation and for transport   of    passengers.
• Agro based industries including cold storage
• Research and Development of any process or product in relation to any of    the    industrial activities
• Bore well Rigs / Road laying equipment / Earth Excavators
• Business enterprises set up by qualified professionals in management,   accountancy,    medicine, architecture, engineering, etc.

Limits for Financial Assistance

The Corporation can provide term loan assistance upto Rs.1000 lakhs to private or public Companies or registered Co-operative Societies. In the case of proprietary or partnership concerns, the loan limit is restricted to Rs.400 lakhs.

Jurisdiction

The Corporation can provide financial assistance for setting up industrial concerns anywhere in the State of Tamilnadu and in the Union Territory of Pondicherry, (subject to obtaining NOC from PIPDIC).