Tamil Nadu to see fresh investments worth Rs 35,208 crore from 59 companies

Signs deal with industry majors like HUL, Adani, Dalmia, TVS and L&T; Over 92,000 jobs likely to be created

Shine Jacob Chennai
Tamil Nadu to see fresh investments worth Rs 35,208 crore from 59 companies

The chief minister also laid foundation stones for 13 projects with an investment commitment of Rs 13,413 crore and employment potential for about 11,681

Tamil Nadu lined up 82 industrial projects worth Rs 52,549 crore on Tuesday in a development that is likely to boost its image as an investor-friendly destination. The state has signed a memorandum of understandings with major industry players across sectors, such as including the Dalmia group, Hindustan Unilever, TVS Motors, Adani Enterprises and Larsen &  Toubro, to set up manufacturing units and data centres with an investment of Rs 35,208 crore.
The remaining projects worth around Rs 17,341 crore were inaugurated or had foundation stones laid on Tuesday. All these projects are expected to cumulatively create around 92,420 direct jobs. In addition to this, chief minister M K Stalin also launched "Tamil Nadu Fintech Policy 2021", which includes the establishment of a FinTech City in Chennai and Neo-TIDEL Parks in Tier-2 and Tier-3 cities.
A top government said that the top four investments signed today were with Dalmia Group, W

Also Read

M K Stalin: Many footprints of a chief minister - with a difference

Tamil Nadu inks deals with 35 firms; to see over Rs 17,000 cr investment

PSP Projects soars 9% on winning new projects worth Rs 422 crore

Stalin asks Delhi, 3 other states to lift 'unreasonable' firecracker ban

DMK govt lines up sops in Tamil Nadu's first exclusive farm budget

Our action against defaulters helping banks cut NPAs: FM Sitharaman

GDP growth to accelerate further to 9.8% in FY23: Goldman Sachs

Indian IT services sector to see 4.5 lakh gross employee addition in H2

Domestic exporters may soon start shipments of mangoes to US: Official

GoM to meet on Nov 27 to finalise report on GST rate rationalisation

First Published: Nov 23 2021 | 5:00 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to