Tamil Nadu Government Signed 8 MoUs
- The Tamil Nadu State Govt has signed 8 Memorandums of Understandings (MoUs) of the worth of 10,399 crore rupees. these MoUs will help to create employment opportunities for more than 13,507 people.
- 5 projects Out of 8 projects, directly signed and rest of three projects signed via video display.
- Projects – air compressors, solar cells and modules production, ductile iron foundry, industrial parks, cashew nut processings, data centres and a foundry expansion project.
Govt Signed MoUs with Companies –
- Vikram Solar will invest 5,423 crore rupees amount in a solar cell and module manufacturing project at the Indospace Industrial Park in Oragadam, Kanchipuram. this move will create employment to nearly 7,542 persons.
- Hiranandani Group’s Yotta Infrastructure will invest 4000 crore rupees amount to build an information data centre park in Chengalpattu district. this move will create employment to nearly 2500 persons.
- Coimbatore based ELGi Equipments will invest 250 crore rupees amount to set up an air compressor unit. this move will create employment to 600 persons.
- CGD Satharai Private Limited will invest 250 crore rupees amount to set up an industrial park in Walajabad, Kanchipuram district. this move will create employment to nearly 1500 persons.
- NDR Integrated Industrial Park will invest 200 crore rupees amount to set up an industrial park in Ranipet district. this move will create employment to nearly 500 persons.
- Coimbatore-based Aqua Group will invest 200 crore rupees amount to set up Aquasub’s ductile iron foundry project in Coimbatore district. this move will create employment to nearly 400 persons.
- The Coimbatore-based firm will invest 40 crore rupees amount to set up Kudranesala project in Erode district.
- GI Agro Tech will invest 36 crore rupees amount to set up a cashew nut processing unit project in Villupuram district. this move will create employment to nearly 465 persons.
Tamil Nadu Government Signed 8 MoUs