Tamil Nadu signs 18 MoUs worth Rs 19,955 cr, projects to create 26,500 jobs

Tamil Nadu government on Monday signed 18 MoUs worth Rs 19,955 crore with an employment potential of 26,509 persons. Companies which signed the MoU include the Crown Group Of Companies, representing a Russian defence organisation, Ola Electric and Mahindra CIE among others.
 

The MoUs were signed in the presence of Tamil Nadu Chief Minister K Palaniswami.

 

Ola Electric will invest Rs 2,354 crore, Torrent Gas - Rs 5,000 crore, First Solar - Rs 4875 crore, SSEM - Rs 2,500 crore, Crown - Rs 2,500 crore, Tata Group's Voltas - Rs 1,001 crore and Mylan - Rs