MEPZ secures ₹800-cr investments

The Madras Export Processing Zone (MEPZ) Special Economic Zone has attracted fresh investments worth over ₹800 crore, paving the way for more than 3,500 new jobs across Tamil Nadu.

Listen to this article

The Unit Approval Committee (UAC), chaired by C. Arthur Worchuiyo, IAS, Joint Development Commissioner, cleared eight projects spanning IT/ITES, manufacturing, engineering, and logistics, according to an official release.

The largest approval went to PMI Global Technologies Pvt. Ltd., which will expand its SIPCOT Sriperumbudur facility with an investment of ₹644 crore, creating 460 jobs.

VVDN Technologies Pvt. Ltd., a newly recognized EOU, will invest ₹101.6 crore in Pollachi, generating 2,300 jobs, while Subeno India Pvt. Ltd. will set up operations at TIDEL Park, Coimbatore with a ₹4.77 crore investment and 180 new jobs.

The approved projects have also committed to employing over 25 transgender individuals, reflecting MEPZ’s push for equity alongside industrial expansion.

With these clearances, MEPZ has so far drawn close to ₹1,000 crore in investments and facilitated 10,000 jobs in FY 2025–26.

Latest

Kobelco launches three new excavators

The company unveiled the SK210, SK215LC and SK230XDLC at...

India, Poland eye doubling bilateral trade

Both leaders set the target of doubling bilateral trade...

Shift Towards Engineering Ownership

The recent U.S. suspension of several major Indian technology...

Navitas Secures Up to USD 20 Mln Growth Capital

The investment is a part of responsAbility’s Asia Climate...

Newsletter

Don't miss

Kobelco launches three new excavators

The company unveiled the SK210, SK215LC and SK230XDLC at...

India, Poland eye doubling bilateral trade

Both leaders set the target of doubling bilateral trade...

Shift Towards Engineering Ownership

The recent U.S. suspension of several major Indian technology...

Navitas Secures Up to USD 20 Mln Growth Capital

The investment is a part of responsAbility’s Asia Climate...

Balkrishna Industries, Pirelli in pact for tyre production

India is today one of the most attractive automotive...

Kobelco launches three new excavators

The company unveiled the SK210, SK215LC and SK230XDLC at its Sri City manufacturing facility. The new models combine Japanese technology with locally sourced components,...

India, Poland eye doubling bilateral trade

Both leaders set the target of doubling bilateral trade by 2030. Modi invited Polish companies to expand their investments and operations in India and to...

Shift Towards Engineering Ownership

The recent U.S. suspension of several major Indian technology companies, including TCS, Infosys, Wipro and HCLTech, from the Permanent Labor Certification process has renewed...