Minister of Industries Tamil Nadu Trb Rajaa | Photo credit: Bijoy Ghosh
With a significant participation of the FDI in the state from Taiwan, Tamil Nadu establishes a Taiwanese industrial park near Chennai, which has the potential to attract ₹ 10000 million rupees and provide jobs to almost 20,000 people.
When making a large amount of ads in the Assembly on Friday, Tamil Nadu Minister of Industries, TRB Rajaa, said that the conversion rate of the Memorandum of Understanding (MOU) signed in the Tamil Nadu Global Investors GRANDGUE 2024 is now in 72 percent, and of the 897 mous signed from 2021 to date, the work, the work has already begun in 722 After it has moved to commercial production.
Hi, he also said that a new footwear park that does not cover 125 acres will be established in the Tarupatttu district to attract RS ₹ 250 million rupees and job opportunities to 2,300 jobs. He added that a new storage policy will be announced, he added.
An industrial marine food processing policy will be announced, and a new marine food export and processing park in the Thanjavur district will be built at a cost of ₹ 125 million rupees. This will attract almost 200 million rupees and provide 2,000 jobs, he said.
Five new Sipcot Plug-And-Play textile parks will be established in Tiruvaru, Nagattinam, Sivagangai, Ramanathapuram and Thothukudi. In addition, a new SIPCOT park in 100 acres will be established in the Sivagangai district. This park has the potential to attract ₹ 200 million rupees in investment and create 2,000 jobs.
New SIPCOT parks will also be established in the Kallakurichi district in 450 Acres, with the fun potential of ₹ 630 million investment rupees and provide 9,000 jobs. Sipcot now has a field bank or 48,926 acres, he added.
To improve the investment facilitation ecosystem, new Tamil Nadu orientation desks (the TN investment promotion agency) in the United States, Germany, South Korea and Vietnam will be established. In addition, the orientation will create a virtual tour of artificial intelligence (AI) of selected industrial parks and industrial complexes ready to build to facilitate global investors to make decisions regarding investments, Minister SAD.
In addition, to show the manufacturing and industrial history capabilities of Tamil Nadu, a product museum in Chennai will be established with products manufactured by industries in Tamil Nadu.
Posted on April 25, 2025
