About Economy

Presently, Perambalur district is the top for the production of maize and Small Onion in TamilNadu with 27% and 50% of Tamil Nadu share respectively. Perambalur is planning to set up multi-product Special Economic Zone (SEZ) over an area of 5,000 acres specific in high-technology by SREI InfrastructureFinance Ltd a Joint Venture with Tamil Nadu Industrial Development Corporation (TIDCO).

This Special Economic Zones have linkages to Pondicherry, Cuddalore and Chennai ports, railway line and Trichy Airport. So, this SEZ will give high technology based industries, MRO’s, pharmaceutical companies, biotechnology, leather and textile clusters. This project was being developed with world-class infrastructure to be able to race with the best investment centers in the world.

Here, the SEZ has a big hinterland that provides huge labour force. This Special Economic Zone is well connected with all major regions and cities of the country with excellent rail and road network. The SEZ will concentrate on certification and testing facilities, infrastructure on demand and warehouses etc. In addition to that, recreational and residential complexes are planned to build in SEZ. Most of the nationalized banks and private banks have opened their branches at Perambalur.