The Tamil Nadu Government secured investment agreements worth an estimated 2,666 INR-Crore with leading American companies. On Tuesday, September 10, the government signed Memorandums of Understanding (MoUs) with Jabil and Rockwell Automation.
Jabil, a global leader in electronics manufacturing, will invest an estimated 2,000 INR-Crore to establish a new electronics manufacturing unit. Located in Tiruchirappalli, this venture will generate 5,000 jobs.
Also Read: Tamil Nadu Investments: Cabinet approves INR 44,125 Crore for 15 projects
Meanwhile, Rockwell Automation, a major player in industrial automation, will invest around 666 INR-Crore. The company plans to expand its electronics manufacturing unit in Kanchipuram.
These agreements, creating around 5,365 jobs, reflect the state’s relentless efforts to attract foreign investment. With such ventures, Tamil Nadu is positioning itself as a hub of innovation and industrial growth in India.
Biltrax Construction Data is tracking 32,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0
