|Definition||:||State Industries Promotion Corporation of Tamil Nadu|
|Category||:||Governmental » Firms & Organizations|
What does SIPCOT mean?
State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) is a Tamil Nadu State owned Financial and Development Institution incorporated under the company’s Act 1956. SIPCOT give financial assistance to medium and large scale industries which are coming up in the SIPCOT developed Industrial complexes / Parks /Growth Centres. SIPCOT is also providing Entrepreneurship Development Training Programmes for weaker section with objective to create self employment.