TN GIM 2024 – Investments worth Rs 664,180 crore with job opportunities to more than 26 lakh

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The Tamil Nadu Global Investors Meet 2024 came to a close with MoUs worth Rs 664,180 crore signed, promising job opportunities for more than 26 lakh people. With the theme Leadership, Sustainability, Inclusivity the meet focussed on equittable and dispersed growth through out the state. The focus was on southern Tamil Nadu and several MoUs related to green hydrogen, renewable energy are to come up in this part.

Chief Minister M K Stalin unveiled the Roadmap to realise the USD 1 trillion dream of Tamil Nadu, which the state envisages to achieve by 2030. The CM also unveiled the Semiconductor Policy, Public Private Partnership policy and the TANFUND which connects both startups and investors.

At the valedictory, Dr T R B Rajaa, Minister for Industries, GoTN pointed to concentrating both on mass employment generating companies as well as high skilled jobs to match the aspirations of the youth. He stressed that this would lay the foundation for accelerated industrial growth across the state. For the first time, the event witnessed the participation of 39 lakh students. While many came to the location, the event was also live telecasted in colleges and district headquarters.

Chief Minister M K Stalin highlighted that this event will lay a foundation for the next 20 year growth of the state. He pointed it to an invaluable opportunity to youngsters to interact with several stalwarts across diverse fields and learn from their experience. He re-iterated on his commitment to realising these MoUs and announced that a special team under the leadership of the industry minister will follow up on the same. He assured the investors that the state would facilitate all approvals through single window system and handhold companies until start of production and even thereafter.  The chief minister congratulated Dr T R B Rajaa for having organised the event of such a large scale within the short period of taking charge as minister.

Sector Wise Investment

Sectors Investment Amount Jobs to be created
Industries Rs 379,089 crore >800,000
Energy Rs 135,157 crore 14,609
Housing and Urban Development Rs 62,939 crore 265,053
IT and Digital Services Rs 22,130 crore >150,000
MSME Rs 63,573 crore 251,660
Handlooms and Textiles Rs 572 crore 9181

Company Wise Investment

S No Company Investment Amount and Jobs Location
1 Adani Green Energy Rs 24,500 crore

4000 jobs

2 Ambuja Cements Rs 3500 crore

5000 jobs

3 Adani Connex Rs 13,200 crore

100 jobs

4 Adani Total Gas and CNG Rs 1568 crore

300 jobs

5 Feng Tay Rs 500 crore

6000 jobs

New Factory in Dindivanam
6 Pou Chen Rs 2302 crore

20,000 jobs

Non – Leather footwear in Kallakuruchi
7 Zhong Bu Rs 148 crore

150 jobs

Non – Leather footwear in Perambalur
8 TKG Taekwang Rs 1250 crore

9000 jobs

9 Hong Fu Rs 15,000 crore

22,000 jobs

Ranipet
10 Dean Shoes Rs 500 crore

10,000 jobs

11 Tata Power  Rs 70,800 crore

3800 jobs

Thoothukudi/ Tirunelveli
12 Leap Green Rs 22,842 crore

3925 jobs

Green Energy related projects in Thoothukudi
13 Sembcorp Rs 36,238 crore

1311 jobs

Green Hydrogen project in Thoothukudi
14 ZF Wind Turbines Rs 350 crore

225 jobs

Coimbatore
15 Shell Rs 1070 crore

50,000 jobs

GCC and Renewable energy
16 CPCL Rs 17,000 crore

2400 jobs

Petrochemical in Nagapattinam
17 Hitachi Rs 100 crore

1500 jobs

R&D centre in Chennai
18 UPS (expansion) Rs 144 crore

1000 jobs

Global R&D Centre in Chennai
19 Boeing (expansion) Rs 309 crore

554 jobs

Engineering Capacity Centre in Chennai
20 Mahindra Rs 1800 crore

4000 jobs

Hotel and Industrial Parks across the state
21 L&T Innovation Rs 3500 crore

40,000 jobs

Chennai
22 Kauvery Hospitals Rs 1200 crore

7500 jobs

Across the state
23 Salcomp (expansion) Rs 2271 crore

15,000 jobs

Kancheepuram
24 Royal Enfield Rs 3000 crore

2000 jobs

Across the state
25 Stellantis Group Rs 2000 crore ICE and EV vehicle manufacturing in Tiruvallur district
26 Anand Group Rs 987 crore

1340 jobs

IE and EV parts manufacturing in Kancheepuram, Chengalpet and Krishnagiri
27 TAFE Rs 500 crore

1000 jobs

Across the state
28 Hinduja Group Rs 1200 crore

500 jobs

Across the state
29 Sify Technologies Rs 2500 crore

300 jobs

Data Centre in Chennai
30 Microsoft Rs 2740 crore

167 jobs

Data Centre in Chennai
31 Tata Chemicals Rs 1000 crore

500 jobs

Ramanathapuram
32 Caplin Point Rs 700 crore

1500 jobs

Pharma across the state
33 Jindal Defence Rs 1000 crore

800 jobs

3500 MT plant in Tiruchi
34 Saint Gobain Rs 3400 crore

1140 persons

Green field plant in Kancheepuram and expansions
35 Ramco Cements Rs 999 crore

150 jobs

Virudhunagar
36 Ramkrishna Titagarh Rail Wheels Rs 1850 crore

1400 jobs

Thiruvallur District
37 Festo India Rs 520 crore

2000 jobs

Pneumatics manufacturing in Krishnagiri
38 Fanuc India Rs 55 crore

75 jobs

Robotics experience in Thiruvallur District
39 Ramraj Rs 1000 crore

13,000 jobs

Textiles across the state
40 Shahi Exports Rs 1000 crore

22,000 jobs

Across multiple locations
41 First Solar(expansion) Rs 2500 crore

350 jobs

Kancheepuram
42 Godrej Consumer Products Rs 525 crore

446 jobs

Chengalpattu
43 Tata Electronics (expansion) Rs 12,082 crore

40,500 jobs

Krishnagiri
44 JSW Energy Rs 12,000 crore

6600 jobs

Renewable energy projects in Tirunelveli and Thoothukudi
45 TVS Rs 5000 crore

500 jobs

Across the state
46 Mitsubishi Electric (expansion) Rs 600 crore

 

First AC manufacturing unit in Tamil Nadu in Gummudipoondi
47 Hyundai(expansion) Rs 1180 crore ICE and Electric cars, EV battery Manufacturing and Hydrogen Innovation Valley with IITM
48 Pegatron Rs 1000 crore

8000 jobs

Consumer electronics manufacturing unit in Chengalpet.
49 Qualcomm Rs 177 crore

1600 jobs

Design Centre in Chennai
50 Vin Fast Rs 1600 crore

3000 jobs

51 AP Moller Maersk Singapore investment in GCC

 

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