Saturday, 25 May 2013

Good Initiatives By CAAIIUC To Improve Ambattur Industrial Estate

In a move to assist the road users, new road sign and direction boards have been installed recently by the Chennai Auto Ancillary Industrial Infrastructure Upgradation Company (CAAIIUC) at different locations in Ambattur Industrial Estate. The signboards erected at various intersections indicate the name of the roads on retro reflective sheet.

CAAIIUC, a special purpose vehicle, is implementing good infrastructure development projects in Ambattur Industrial Estate. With a view towards substantially improving the export potential of various industries and increasing the Foreign Direct Investment, the Government of India has introduced an innovative plan to qualitatively develop the infrastructure in all sectors of industry by encouraging public-private partnerships through the Industrial Infrastructure Upgradation Scheme (IIUS).

Under the guidance of the State Government, and as per the IIUS terms, an industrial cluster comprising of three Industrial Estates Ambattur, Thirumudivakkam and Thirumazhisai was formed. The Special Purpose Vehicle called Chennai Auto Ancillary Industrial Infrastructure Upgradation Company (CAAIIUC) had prepared and submitted a detailed project report (DPR) with the professional assistance of ITCOT and TUV Rheinland (India) Pvt. Ltd.

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