Tamil Nadu govt signs eight MoUs for generating 13,500 jobs

CHENNAI: The Tamil Nadu government on Monday signed eight MoUs for attracting fresh investments to the tune of Rs 10,399 crore.
The projects, to come up in Chengalpet, Kancheepuram, Ranipet, Coimbatore, Erode and Villupuram districts, will generate employment for over 13,500 people.
The new projects include Vikram Solar's Rs 5,423 crore solar cells and modules plant at Sriperumbudur, a data centre at an investment of Rs 4,000 crore by Yotta of Hiranandani at Oragadam, private industrial estates in Walajahbad and Ranipet, a cashew nut processing unit in Villupuram and a foundry in Coimbatore.
The MoUs were signed in the presence of state industries minister M C Sampath, chief secretary K Shanmugham, industries secretary N Muruganandham and guidance managing director Neeraj Mittal, a statement from the government said.
In May, despite the state being under lockdown due to Covid-19, the Tamil Nadu government signed 17 MoUs for investments worth Rs 15,128 crore. Those projects, when completed, will generate employment for over 47,000 people.