Mr. Stalin also laid the foundation stone for the Jewellery park project at the Kurichi SIDCO Industrial Estate in Coimbatore city on Thursday (October 9, 2025).

The park, to be developed on 2.46 acres, is estimated to cost ₹126.12 crore, and expected to benefit thousands of goldsmiths and jewellery sector stakeholders in the region.

The project, announced during the Chief Minister’s visit to Coimbatore in November last year, is being implemented by the Tamil Nadu Small Industries Development Corporation under the Micro, Small and Medium Enterprises Department.

In the first phase, ₹81.40 crore will be spent on constructing a five-storey complex.

The facility will include workshops, ranging from 100 sq.ft. to 300 sq.ft., for goldsmiths, along with a common facility centre housing modern equipment for jewellery manufacturing, a secure vault, hallmark testing and certification centre, an exhibition and conference hall, and a training centre.

Technology-based facilities such as three-dimensional printing, laser cutting, and CAD/CAM will also be part of the project. The complex will also have a childcare centre, surveillance cameras, and fire safety systems.

Ministers S. Muthusamy, E.V. Velu, T.M. Anbarasan, and M.P. Saminathan, along with former Minister V. Senthilbalaji; MSME Department Additional Chief Secretary, Atul Anand; SIDCO Chairman and Managing Director A. Karthik; Coimbatore Collector Pavankumar G. Giriyappanavar; local body representatives, senior officials, and office-bearers of goldsmith associations, were among those who participated in the event.