Vellore, located in Tamil Nadu, India, has a diversified economy, primarily based in leather processing, shoe manufacturing, automobile assembly, precision tool milling, explosive materials production, and the service industry.[ citation needed ]
The SIDCO and SIPCOT industrial parks, all vital in the Vellore economy, are located in Katpadi, Ranipet, Mukundarayapuram, Vannivedu, and Arakkonam. Clusters of leather factories are located in Ambur, Melvisharam, Vaniyambadi, and Ranipet. [1]
Future developments include an electronics manufacturing cluster (EMC) and leather and information technology special economic zones.[ citation needed ]
Tamil Nadu Small Industries Development Corporation, an undertaking of the government of Tamil Nadu, popularly known as SIDCO, was formed in 1972 to develop Tamil Nadu's industrial estates. This is a list of SIDCO installations in the Vellore region. [2]
No. | Location | Area (in acres) |
---|---|---|
1 | SIDCO-Katpadi | 19.480 |
2 | SIDCO-Ranipet | 113.44 |
3 | SIDCO-BHEL | 86.195 |
4 | SIDCO-Vannivedu | 16.44 |
5 | SIDCO-Arakkonam | 56.240 |
The State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT), was formed in 1971 to promote industrial growth in the state and to advance term loans to medium and large industries. [3] The SIPCOT Industrial Complex, Ranipet Phase I, is located at Mukundarayapuram. Phase II & III are spread over an area of 730 acres and are located in Ranipet. [2]
Hundreds of leather and tannery facilities lie in and around Vellore, including nearby towns such as Ranipet, Ambur and Vaniyambadi. The Vellore district is one of the top exporters of processed leather goods in the country. [4] Vellore leather accounts for more than 37% of the country's exports of leather and leather-related products (such as finished leathers, shoes, garments and gloves). [5]
On 18 January 2014, the Brownfield Electronics Manufacturing Cluster (EMC) cluster was approved, making Vellore the first region in Tamil Nadu to develop such a cluster. [6]
As per the policy directive of the Government of Tamil Nadu, ELCOT (Electronics Corporation of Tamil Nadu Limited) promotes IT Parks in Tier I and Tier II cities. Integrated information technology campuses consist of IT buildings as well as residential and social infrastructure facilities. These campuses are established with a Public-Private Partnership (PPP) in Vellore and other Tier II Cities. [7] In December 2012, the then Chief Minister Jayalalithaa announced a feasibility study to build an IT park in Vellore. [8]
The leather industry of the region contributes forms a major share of India's overall leather exports. There are several major leather factories located in Tamil Nadu, notably:
Company | Year & Founder | Plants/Factories | Employment |
---|---|---|---|
FARIDA Group [9] | 1957 by Haji Mecca Abdul Majid Sahib | 12 | 7000+ |
KH Group [10] | 1982 by Khizar Hussain | 4 | 7000 |
TAW | 1949 by T. Abdul Wahid & Co | 3 | 3400 |
NMZ | 1972 by N M Zackriah | 5 | 1800 |
Florence [11] | 1979 by Aqueel Ahmed | 10 [12] | NA |
Other major factories include Althaf Shoes, [13] Bachi Shoes, [14] Florind Shoes, IRBAZ Group, [15] TMAR Group, [16] Nibras Shoes and the SSC. [17]
Vellore has manufacturing units of international automobile and mechanical brands like SAME Deutz-Fahr, TVS-Brakes India, Mitsubishi, Greaves Cotton and MRF.
Bharat Heavy Electricals Limited (BHEL), is an Indian state-owned integrated power plant equipment manufacturing company. Its Boiler Auxiliaries Plant (BAP) is located in Ranipet, Vellore. BHEL Ranipet has performed exceedingly well according to its executive director, as it has won the 'Best Productive Unit' trophy from among all the units of BHEL in 2012. This plant has clocked a turnover of 4,210 crores, with shop production crossing the 1 lakh tonne benchmark, also registering a profit before tax of 1,260 crores for the 2012 financial year. It has so far obtained 21 patents and 46 copyrights. [26]
BHEL-Boiler Auxiliaries Plant, Ranipet is installing a 5 MW solar power plant which will cover the entire energy needs of the plant, [27] also entering into an agreement with Mitsubishi Heavy Industries, Japan to manufacture and supply a flue gas desulphurisation system meant for removal of sulphur dioxide from flue gases. [28]
ArcelorMittal Dhamm Processing Private Limited is a joint venture firm between the world's largest steel producing firm ArcelorMittal and Mumbai based Dhamm Steel for manufacturing steel components at an estimated cost of 100-crores at Ranipet, Vellore. It manufactures finished steel components for earth moving equipment manufacturers, construction and power industries. [29]
Vellore is among the top medical destinations in the country due to the presence of the Christian Medical College & Hospital (CMCH). CMCH is located on Ida Scudder Road in the heart of the city and is Vellore's largest private employer, with a large floating population from other parts of India and abroad. The Government Vellore Medical College and Hospital (VMCH) is located at Adukamparai in Vellore. With the advent of hospitals such as Apollo KH Hospital in Melvisharam and Sri Narayani Hospital & Research Centre in Sripuram, medical tourism is rapidly growing.
'Naruvi Hospitals' is being built at a cost of 3300 million INR, a joint venture between vellore based 'Pearl Human Care' and Detroit-based Henry Ford Health System. [39]
A new venture of Sri Narayani Hospital & Research Centre in Sripuram, Vellore, located in a swanky complex, Sri Narayani Aayurvedic Centre, was inaugurated by Union Minister of State for AYUSH Shripad Yesso Naik in August 2019. [40]
Hindustan Motors is an Indian automotive manufacturer based in Kolkata. It is a part of the Birla Technical Services conglomerate. Hindustan Motors was the largest car manufacturer in India before the rise of Maruti Udyog. Hindustan Motors manufactured the Ambassador and Landmaster motorcars, both immensely popular Indian automobiles from 1957 to 2014.
Vellore, also natively spelt as Velur, is a sprawling city and the administrative headquarters of Vellore district in the Indian state of Tamil Nadu. It is located on the banks of the Palar River in the northeastern part of Tamil Nadu and is separated into four zones that are further subdivided into 60 wards, covering an area of 76.09 km2 and housing a population of 315128 as reported by the 2011 census. It is located about 137.20 kilometres (85 mi) west of Chennai, and about 213.20 kilometres (132 mi) east of Bangalore. Vellore is located on the Mumbai–Chennai arm of the Golden Quadrilateral. Vellore is governed under a mayor and the Vellore Municipal Corporation. It is a part of both the Lok Sabha and state assembly constituencies of Vellore.
Bharat Heavy Electricals Limited (BHEL) is an Indian central public sector undertaking and the largest government-owned electrical/ industrial technology company. It is owned by the Government of India, with administrative control by the Ministry of Heavy Industries. Established in 1956 with the help of Soviet technology, BHEL is based in New Delhi.
Walajapet is a town or first municipality of Tamil Nadu and a part of Ranipet district, Vellore Metropolitan Area, in the state of Tamil Nadu. The streets in the town form a square shape which is a unique feature of the town. It will be easy for you to reach any part of the town with this kind of infrastructure. The streets are wide and nicely structured. As of 2024, the town had a population of 64,000. It is a Tri-City with adjacent municipalities of Ranipet and Arcot.
Ranipettai is a town in Tamil Nadu, India and the headquarters of Ranipet district. Ranipet is one of the largest industrial hub in Tamilnadu. It is located about 100 kilometres (62 mi) from the Chennai city center. It is a major industrial town located on NH 4 Chennai-Bangalore highway, on the northern bank of the Palar River. The estimated population is 397,000 as of 2024. It is a Tri-City with adjacent municipalities of Walajapet and Arcot.
Vellore district is one of the 38 districts in the Tamil Nadu state of India. It is one of the eleven districts that form the north region of Tamil Nadu. Vellore city is the headquarters of this district. As of 2011, the district had a population of 1,614,242 with a sex ratio of 1,007 females for every 1,000 males. In 2017 Vellore district ranked eleventh in list of districts in Tamil Nadu by Human Development Index.
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The State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) is an institution owned by the Government of Tamil Nadu to promote industrial growth in the state of Tamil Nadu.
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