Chennai, March 15 -- The Tamil Nadu government has earmarked Rs 1,918 crore for the Micro, Small, and Medium Enterprises (MSME) Department as part of its comprehensive strategy to expand industrial infrastructure, foster entrepreneurship, and support traditional artisans across the state.

Finance Minister Thangam Thennarasu announced that the Tamil Nadu Small Industries Development Corporation (SIDCO) will develop nine new industrial estates throughout the state with an investment of Rs 366 crore.

These industrial facilities are projected to create approximately 17,500 employment opportunities, bolstering the state's manufacturing capabilities and economic growth.

The new industrial estates will be strategically established across mult...