By signing MoUs with 60 enterprises, laying foundation stones, and inaugurating new projects, Tamil Nadu has secured investments totaling Rs 1.44 trillion.
It's envisaged that the projects will generate 74,898 jobs. A Rs 52,000 crore green hydrogen and ammonia facility by ACME Green Hydrogen in Thoothukudi, a Rs 3,000 crore 4-gigawatt (GW) cell and 4 GW solar module manufacturing unit by Tata Power, a Rs 3,000 crore lithium ion cell unit by Lucas TVS, and a Rs 2,000 crore chemicals and ceramic tile manufacturing facility by Aravind Ceramics are some of the major investment agreements.
A total of 21 projects with a total investment commitment of Rs 22,252 crore and employment potential for roughly 17,654 people were also officially launched by Chief Minister M K Stalin. This includes an IT and data centre unit by L&T at Rs 3,500 crore, a data centre by Sify Technologies worth Rs 2,500 crore, a data centre by CtrlS worth Rs 1,448 crore, and a garment unit by Jay Jay Mills worth over Rs 500 crore. Of the 60 MoUs that were signed, 53 were facilitation agreements with a potential investment of Rs 65,373 crore and 58,478 job creations.
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