MoUs for projects in TN worth Rs 24,248 cr signed

16 Dec 2020 Editorial Team

In a recent development, the Tamil Nadu state signed memorandums of understanding (MoUs) for as many as 24 projects estimating a total amount worth Rs 24,428 crore, a move that is a promising reflection of the state’s ability to attract investments from various companies. The project inaugurations and the foundation stones of these developments have already been laid down. The State government said that these projects are expected to give rise to about 54,218 employment opportunities.

At a function that was presided over by Edapaddi K Palaniswami, Hon’ble Chief Minister of Tamil Nadu, the state government signed 18 memorandums of understanding with different organizations to finalize an investment amount of approximately Rs 19,955 crore. This phase of investment is estimated to create 26,509 job opportunities. For the remaining investment amount of Rs 4503 crore that is expected to generate potential 27,709 jobs, project inaugurations have been executed and the requisite foundation stones laid down.

The signed MoUs include a manufacturing plant at Kanchipuram’s Vedal village that is to be set up by Voltas, an electric two-wheeler manufacturing unit that will be set up by Ola, and a solar module manufacturing unit that will be established by First Solar of the United States, among others.

Also read: Tamil Nadu Cabinet approves projects worth over Rs 200 billion

Image Source

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..