Tamilnadu signs investments pacts worth Rs. 35,723 cr

Tamil Nadu government has signed investment agreements worth Rs. 35,200 crore with 59 businesses including Larsen & Toubro Ltd., Hindustan Unilever Ltd., Adani Enterprises and TVS Motor Co. at an investor meet, said an official statement from the state government.

The agreements signed at an event presided over by Chief minister M K Stalin would create employment opportunities to 76,795 persons, the statement said. This includes 52 projects with a cumulative investment of Rs.34,723 crores and seven others with Rs. 485 crore investments. The state also kicked off another 13 projects with Rs. 13,400 crore investments, the statement said.

The projects for which memorandum of understandings were signed include Adani Enterprises’ data centre in Chennai, Larsen & Toubro’s data centre in Kancheepuram and TVS Motor Company’s  electric vehicle manufacturing facility at Krishnagiri, the statement showed.