Tamil Nadu government on Thursday signed 16 Memoranda of Understanding envisaging fresh investments totally worth more than Rs 5,100 crore that would generate over 6,500 jobs.
Chief Minister launching investingintamilnadu.com, a new portal for business promotion
Chennai:
Within two months, the government has signed MoUs for Rs 30,664 crore investment which is expected to bring 67,212 new jobs to Tamil Nadu.
MoUs for Rs 10,399 crore was signed with eight firms on July 20 which would help bring jobs to 13,507 people in the state. On May 27, agreements were signed with 17 companies for investments to the tune of Rs 15,128 crore with a potential to provide employment opportunities to 47,150 people.
On Thursday, MoUs were signed for Rs 5,137 crore more investments for 16 new initiatives that would provide 6,555 new jobs.
The new projects include Adani Enterprises Limited’s data centre at an investment of Rs 2,300 crore at Siruseri in nearby Chengalpattu district and the initiative would provide 1,000 jobs, an official release here said.
Super Auto Forge would set up a forged steel and aluminium parts manufacturing facility at an investment of Rs 500 crore at SIPCOT Vallam Vadakal industrial park in Kancheepuram district and it would bring new jobs to 800 people, it said. American entity Visteon would expand its manufacturing capacity at Maraimalai Nagar in Chengalpattu district by making an investment of Rs 100 crore.
In the presence of Chief Minister K Palaniswami at the Secretariat, 16 MoUs were signed. While 10 were signed through a virtual link, the rest were inked in person
The CM also launched a new portal Hyperlink http://www.investingintamilnadu.com”www.investingintamilnadu.com for the government’s investment promotion agency. Industries Minister M C Sampath, Chief Secretary K Shanmugam and top officials participated