Tamil Nadu signs Rs 20 billion pact with US-based Trilliant
ECONOMY & POLICY

Tamil Nadu signs Rs 20 billion pact with US-based Trilliant

Tamil Nadu Chief Minister M K Stalin announced that the state government has signed a Memorandum of Understanding (MoU) with US-based Trilliant to establish a manufacturing unit and a global support center in the state, with an investment of Rs 20 billion. The agreement was signed during Stalin’s official visit to Chicago as part of his efforts to attract investments to Tamil Nadu.

Trilliant, a leading provider of Advanced Metering Infrastructure, Smart Grid, Smart Cities, and Industrial Internet of Things solutions, will play a significant role in the state's industrial growth.

Stalin also held discussions with Nike officials about expanding their footwear production in Tamil Nadu and the possibility of setting up a product creation and design centre in Chennai. Additionally, he met with representatives from healthcare company Optum, which employs 5,000 people in Tamil Nadu. He encouraged the firm to expand its operations to Trichy and Madurai.

The CM shared these updates on social media, emphasising the momentum of Tamil Nadu’s investment efforts. (business standard)

Tamil Nadu Chief Minister M K Stalin announced that the state government has signed a Memorandum of Understanding (MoU) with US-based Trilliant to establish a manufacturing unit and a global support center in the state, with an investment of Rs 20 billion. The agreement was signed during Stalin’s official visit to Chicago as part of his efforts to attract investments to Tamil Nadu. Trilliant, a leading provider of Advanced Metering Infrastructure, Smart Grid, Smart Cities, and Industrial Internet of Things solutions, will play a significant role in the state's industrial growth. Stalin also held discussions with Nike officials about expanding their footwear production in Tamil Nadu and the possibility of setting up a product creation and design centre in Chennai. Additionally, he met with representatives from healthcare company Optum, which employs 5,000 people in Tamil Nadu. He encouraged the firm to expand its operations to Trichy and Madurai. The CM shared these updates on social media, emphasising the momentum of Tamil Nadu’s investment efforts. (business standard)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code