Tamil Nadu State government through its executing agency Tamil Nadu Industrial Development Corporation (TIDCO) planned to establish a Special Economic Zone (SEZ) near Hosur, in Krishnagriri district of Tamil Nadu. TIDCO had obtained `in-principle' approval from the Ministry of Commerce and Industry, Government of India for establishing this SEZ. In 2006 the estimated cost of the proposed SEZ was about Rs. 512 crore. PricewaterHouseCoopers a global consultancy firm had conducted feasibility study of the SEZ in 2005. The district administration had also sent a proposal to the TN Government to get the administrative sanction for the project. Initially, the district administration had identified 1,053 hectares of land in the following villages; Bairamangalam, Kundumanapalli in Denkanikottai taluk and Achettipalli, Onnalvadi and Senamoa villages in Hosur taluk. [1]. |