This study examined the corporate-led industrialization affects the livelihoods of rural communities in the SIDCO region of Dindigul district, Tamil Nadu. Using a descriptive-analytical approach, the study looks into the socio-economic and environmental dimensions of rapid industrial growth, focusing on aspects like job creation, skill development, and resource management, while also considering mental health challenges, pollution, and environmental degradation. Data were collected through structured questionnaires distributed to 77 participants, yielding a diverse range of insights. The quantitative analysis revealed that while industrial growth enhances job opportunities, daily wages, and skill development, it also exacerbates mental health problems, pollution, and resource depletion. Different perspectives on healthcare access and environmental improvements were observed, which highlights the need for more targeted policy interventions. By connecting the findings with existing literature on urbanization and industrialization, this study emphasizes the necessity of crafting sustainable industrial policies that balance economic benefits with social and environmental well-being.