TN Cabinet approves 14 projects bringing investment worth ₹38,699 crore

BL Chennai Bureau Updated - October 08, 2024 at 05:00 PM.

These projects will be spread across 12 districts and span diverse sectors

Tamil Nadu’s Finance Minister Thangam Thennarasu and Industries Minister TRB Rajaa addressing reporters after the Cabinet Meeting at the Secretariat on Tuesday | Photo Credit: Supplied

The Tamil Nadu under the chairmanship of Chief Minister MK Stalin on Tuesday approved 14 new projects with an investment commitment of ₹38,699 crores, enabling the creation of 46,931 jobs.

These projects will be spread across 12 districts and span diverse sectors including auto & EV, electronics, green energy, telecom equipment, and advanced manufacturing, Finance Minister Thangam Thennarsu told newspersons after the Cabinet meeting.

Some of the investment include Yuzhan Technology (₹13,180 crore) - a part of Foxconn group; Leap Green Energy (₹10,375 crore); Tata Motors (₹9,000 crore); Kaynes Circults (₹1,395 crore) and Freetrend Industrial India (₹1,000 crore).

“The #InvestInTN juggernaut continues to roll forward, transitioning from attracting investments to grounding them, and transforming them into high-quality jobs and industrial output,” Rajaa said in a social media post.

Published on October 8, 2024 10:23

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