Chief Minister Edappadi K Palaniswami on Wednesday signed 17 Memorandum of Understanding (MoU) set to bring in investments worth ₹15,128 crores which is likely to generate 47,150 jobs.
The Tamil Nadu CM had mentioned that he had formed a Special Investment Promotion Task Force as the fight against COVID19 prevails.
I have formed a Special Investment Promotion Task force as we fight COVID19. As a result, we have signed MOUs with 17 institutions that will bring 15128Crores worth of investment and 47150 jobs in Tamilnadu. We will continuously work towards creating more job opportunities in TN.
— Edappadi K Palaniswami (@CMOTamilNadu) May 27, 2020
Companies belonging to Australia, China, England, Finland, France, Germany, Japan, Netherlands, Singapore, South Korea, Taiwan, and USA have signed MoUs with the Tamil Nadu government.
Earlier, Mr. Palaniswami tweeted “We have the most skillful man power with electricity and water in surplus and most importantly one of the top states in maintaining good law and order. I welcome all the investors to #InvestinTN We are committed to help you through the entire investment process.”
We have the most skillful man power with electricity and water in surplus and most importantly one of the top states in maintaining good law and order. I welcome all the investors to #InvestinTN We are committed to help you through the entire investment process. pic.twitter.com/PEZw5kr0XN
— Edappadi K Palaniswami (@CMOTamilNadu) May 27, 2020
Representatives from the companies exchanged agreements with the officials at the Secretariat. Industries Minister MC Sampath, Chief Secretary K. Shanmugam and Industries Secretaries were among those present.
திருவள்ளூர் மாவட்டம் பொன்னேரியில் ரூ.3000 கோடி முதலீட்டில் இந்திய – இங்கிலாந்து கூட்டு முயற்சியான Chennai Power Generation Limited நிறுவனத்தின் இயற்கை எரிவாயு மூலம் 750 மெகாவாட் மின் உற்பத்தி திட்டத்திற்கு #MOU கையெழுத்தானது.
இதன்மூலம் சுமார் 3,000 நபர்கள் வேலைவாய்ப்பு பெறுவர். pic.twitter.com/vBmlccBEux
— Edappadi K Palaniswami (@CMOTamilNadu) May 27, 2020
காஞ்சிபுரம் மாவட்டம் ஒரகடம் சிப்காட் தொழிற்பூங்காவில் ரூ.2,277 கோடி முதலீட்டில் சுமார் 400 நபர்களுக்கு வேலை வாய்ப்பளிக்கும் வகையில் ஜெர்மனி நாட்டைச் சார்ந்த Daimler India Commercial Vehicles நிறுவனத்தின் கனரக உற்பத்தி விரிவாக்க திட்டத்திற்கு இன்று #MOU கையெழுத்தானது. pic.twitter.com/QRH5zkIcrD
— Edappadi K Palaniswami (@CMOTamilNadu) May 27, 2020
The MoUs have been signed with: Polymatech Electronics, Salcomp, Chung Jye Company Ltd & Aston Shoes Pvt Ltd, Daimler India Commercial Vehicles, HDCI Data Centre Holdings Chennai LLP, IGL India Transplantation Solutions Pvt Ltd, Lai Investment Manager Pvt Ltd, Mando Automotive India Pvt Ltd, Dinex, ST Tele Media, Baettr, BYD India Pvt Ltd, Pillar Industries India Pvt Ltd and Lincoln Electric, Chennai Power Generation Ltd, Vivid Solaire Energy Pvt Ltd, and TJR Precision Technology Company Ltd.
To know the details of the investment, click here.