TN signs eight investment MoUs for Rs 10,339 crore
In an announcement issued right here, the federal government stated eight MoU has been signed involving an funding of about Rs 10,399 crore with an employment potential for 13,507 individuals.
Tamil Nadu authorities on Monday signed eight Memorandums of Understanding (MoU) involving industrial funding of about Rs 10,339 crore.
In an announcement issued right here, the federal government stated eight MoU has been signed involving funding of about Rs 10,399 crore with an employment potential for 13,507 individuals.
The proposed tasks embody the manufacturing of photovoltaic cells and modules, air compressors, ductile iron foundry, industrial parks, cashew nut processing, information center, and a foundry growth challenge.
The MoUs will herald investments within the areas of photovoltaic cells and modules manufacturing, agrotech and iron foundry, amongst others.
The memoranda of understanding have been signed within the presence of chief minister Ok Palaniswami. Of the eight MoUs, 5 have been signed within the presence of the CM, whereas three have been achieved via video conferencing.
“The tasks will probably be carried out in Kancheepuram, Chengalpattu, Ranipettai, Coimbatore, Viluppuram and Erode districts,” the discharge stated.
An excessive-powered committee, chaired by the chief minister, will expedite varied clearances and likewise set up a Particular Funding Promotion Job Pressure beneath the chairmanship of the chief secretary, the discharge added.
