Tamil Nadu on Tuesday signed 28 memoranda of understanding worth 28,053 kroner for various projects that will create jobs for 68,775 people. These projects were announced earlier, including Tata Electronics ’£ 4,684 million project in Krishnagiri to make mechanical cases for mobile phones.
The MoUs were signed at an event where Chief Minister Edappadi K Palaniswami released 13 completed projects at a cost of 3,489 kroner, and industrial policy 2021 and Tamil Nadu MSME policy 2021. He also laid the foundation stone for 10 new industrial parks and estates .
Also read: TN Cabinet clarifies new industrial policy, through investment plans of 52,000,000 JPY
Five MoUs were part of a structured aid package. They are Tata -, 6 4,684 crowns (employed 18,250); Sun Edison – ₹ 1,423 crowns (1,907 people); Pegatron – 00 1,100 crowns (14,079 persons); TI India – ₹ 525 crore (1,813 people) and BASF – ₹ 345 crore (235 people).
Other major projects for which memoranda of understanding have been signed include ELEST – .9 7,948 crore (8,081 people); AG&P – 2,430 kroner (7,000 people); Netmagic / NTT – ₹ 1,377 kroner (100 persons); Nordex Acciona – 1,200 crore (3,000 people); TVS Tires – ₹ 1,000 kroner (1,000 people); Valeo – 30,830 crowns (2,400 people); Grasim – ₹ 750 crore (300 people) and Ampere – ₹ 700 crore (1,459 people).
Tata Group President N Chandrasekaran, speaking almost at the event, said that Tata Electronics ’project in Krishnagiri to make mechanical housings will create significant business opportunities.
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