Tamil Nadu signs 24 MoU worth Rs 2,120 Cr to create 41,000 jobs

24 memoranda of understanding were signed on Wednesday between the Tamil Nadu government and industries that will bring in ₹2,120.54 crore in investments and create jobs for over 41,000 people.

The MoUs were signed, in the presence of Chief Minister M.K. Stalin, at the Tamil Nadu Exports Conclave organised here as part of ‘Trade and Commerce Week’ from September 20-26 celebrated nationwide to commemorate the 75th Independence Day.

These investments are made in textiles, chemicals, IT/ITES, steel, leather, apparels and general manufacturing. The units are likely to come up in Chennai, Kancheepuram, Tirupattur, Krishnagiri, Madurai, Salem, Tiruchi, Thanjavur, Thoothukudi, Dindigul and Tirunelveli districts.

Mr. Stalin released the Tamil Nadu Exports Promotion Strategy and the MSME Exporters Handbook. He also handed over the first two allotment orders to companies that have proposed to open units at a polymer park in the State. An exclusive park to cater to the needs of the polymer industry has been established on 240 acres at Voyalur near Ponneri.