TANSI Abbreviation

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Popular abbreviations of TANSI:

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What does TANSI mean?

Tamil Nadu Small Industries Corporation, abbreviated as TANSI, is an entity under the aegis of the Government of Tamil Nadu. It is headquartered in Chennai.

The Tamil Nadu Small Industries Corporation was incorporated on December 1st, 1965, as a successor to the sixty-four small-scale industrial units of the Department of Industries and Commerce.

Tamil Nadu Small Industries Corporation Limited was one of the first of its kind organization to venture into the small industries economic sector.

The initial sixty-four small-scale industrial units were spread across various sectors such as Tools Manufacturing, Furniture, and Furnishings, Metallurgy, etc. with assets valuing around six crore rupees.

These initial small-scale industrial units served as training units for skill development and growth. With the establishment of the Tamil Nadu Small Industries Corporation Limited, the sixty-four industrial units assumed a manufacturing and commercial role.

Products and Services

The Tamil Nadu Small Industries Corporation Limited offers a plethora of products and services in different categories:

Engineering: Tamil Nadu Small Industries Corporation Limited offers products in the engineering domain to various Public Sector Undertakings. Additionally, TANSI also has various engineering tools manufacturing units across the state of Tamil Nadu.

Furniture: Tamil Nadu Small Industries Corporation Limited is also associated with the wooden and steel furniture domain, offering a range of products for various settings, e.g. hospitals, offices, and domestic.

Structural Engineering services: The Tamil Nadu Small Industries Corporation Limited also offers its services in the structural engineering domain. Manufacturing of Cell phone towers, and electricity distribution and transmission towers are a few examples.

Other services: Some of the other manufacturing products provided by Tamil Nadu Small Industries Corporation Limited are tools like handpumps, street light poles, and chemical-based products such as polish, etc.

The Tamil Nadu Small Industries Corporation Limited also has a subsidiary company, named Tamil Nadu Paints and Allied Products Ltd. (TAPAP) which manufactures products such as synthetic enamel paints and road marking paints for various government bodies such as police and transport departments.

Organization and Structure

Tamil Nadu Small Industries Corporation Limited is administered by a group of directors led by a Chairman and Managing Director. Dr. S. Vijayakumar, an I.A.S officer is the current Chairman and Managing Director of TANSI.

Revenue

In the year 2011-2012, the Tamil Nadu Small Industries Corporation Limited made profits of around five crore rupees (four crores ninety-one lakhs). The company has received consistent profits since the financial year 2004-2005.