Tamil Nadu Investment

The Tamil Nadu government on Tuesday said it has signed investment pacts worth over Rs. 2,600 crore with American companies during the ongoing US visit of state Chief Minister M K Stalin.

The Tamil Nadu government has signed an MoU with Google to set up Artificial intelligence labs at Guidance, the state government's investment promotion agency, to skill 2 million youngsters in AI, said Industries Minister T.R.B. Rajaa.

Several global tech giants, including Nokia, PayPal and Microchip, have announced plans to set up new facilities in Tamil Nadu, Chief Minister MK Stalin announced in a post on X.

Apple supplier Foxconn seems to be eyeing expanding its operation in India. The Taiwan-based company is reportedly evaluating plans to assemble iPad in the country. Until now, Foxconn and other contract manufacturers of Apple in India have assembled only iPhone models. The latest iPhone 15 series was assembled in Foxconn's Chennai factory. In rece...

The Adani Group signed memorandums of understanding (MoU) for investment of over Rs 42,700 crore with Tamil Nadu at the Global Investors Meet 2024 today.

Tamil Nadu has signed investment pacts worth more than $4.39 billion with firms such as Apple suppliers Tata Electronics and Pegatron, as well as auto major Hyundai Motors, it said on Sunday.

The Tamil Nadu government has signed a deal with tech giant Foxconn's subsidiary Hon Hai Technology Group for a Rs 1,600 crore investment to manufacture mobile phone components in the state.

Foxconn Industrial Internet (FII) is reportedly in talks with Tamil Nadu state to invest up to $200 million (roughly Rs. 1,638 crore) to build a new plant for electronic components in the southern region. Brand Cheng, CEO of FII, and other company representatives last week met Tamil Nadu officials including its chief minister to discuss investments...

A Foxconn subsidiary is in talks with Tamil Nadu to invest up to $200 million to build a new plant for electronic components, two sources with direct knowledge told Reuters on Wednesday.

Top officials of Foxconn Industrial Internet (FII), the subsidiary of Taiwan-based Hon Hai Technology Group, popularly known as 'Foxconn' called on Chief Minister M K Stalin and discussed "investment opportunities" in Tamil Nadu, sources said on Wednesday. FII chief executive officer Brand Cheng accompanied by senior company officials discussed the...

Tamil Nadu Chief Minister M K Stalin in a letter to Union Civil Aviation Minister Jyotiraditiya Scindia urged for the re-introduction of direct flights between Tokyo and Chennai, and increasing the number of flights between Singapore and Madurai.

Hyundai on Thursday said it would invest $2.45 billion (roughly Rs. 20,110 crore) in Tamil Nadu over a period of 10 years. The South Korean vehicle manufacturer is looking to increase production in India and introduce new electric vehicle models in the country.

Mitsubishi Electric India has decided to set up a new manufacturing unit in Tamil Nadu at an investment of about Rs. 1,891 crore. The manufacturing facility for room air-conditioners and compressors is expected to come up on a 52 acre land. Company officials said the commercial production at the facility was expected to begin in October 2025.

India's Ola Electric Mobility Pvt. plans to build what it says will be the world's largest electric vehicle hub with an investment of 76.1 billion rupees ($920 million) to localize the supply chain for cleaner transport.

Ola Electric on Saturday said it would invest $920 million (roughly Rs. XXX crore) in Tamil Nadu to manufacture electric cars and EV batteries. The investments, to be made through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, will help the company make 140,000 cars annually and hire 3,111 workers in the state, according to O...

The Tamil Nadu government on Tuesday said it has signed investment pacts worth over Rs. 2,600 crore with American companies during the ongoing US visit of state Chief Minister M K Stalin.

The Tamil Nadu government has signed an MoU with Google to set up Artificial intelligence labs at Guidance, the state government's investment promotion agency, to skill 2 million youngsters in AI, said Industries Minister T.R.B. Rajaa.

Several global tech giants, including Nokia, PayPal and Microchip, have announced plans to set up new facilities in Tamil Nadu, Chief Minister MK Stalin announced in a post on X.

Apple supplier Foxconn seems to be eyeing expanding its operation in India. The Taiwan-based company is reportedly evaluating plans to assemble iPad in the country. Until now, Foxconn and other contract manufacturers of Apple in India have assembled only iPhone models. The latest iPhone 15 series was assembled in Foxconn's Chennai factory. In rece...

The Adani Group signed memorandums of understanding (MoU) for investment of over Rs 42,700 crore with Tamil Nadu at the Global Investors Meet 2024 today.

Tamil Nadu has signed investment pacts worth more than $4.39 billion with firms such as Apple suppliers Tata Electronics and Pegatron, as well as auto major Hyundai Motors, it said on Sunday.

The Tamil Nadu government has signed a deal with tech giant Foxconn's subsidiary Hon Hai Technology Group for a Rs 1,600 crore investment to manufacture mobile phone components in the state.

Foxconn Industrial Internet (FII) is reportedly in talks with Tamil Nadu state to invest up to $200 million (roughly Rs. 1,638 crore) to build a new plant for electronic components in the southern region. Brand Cheng, CEO of FII, and other company representatives last week met Tamil Nadu officials including its chief minister to discuss investments...

A Foxconn subsidiary is in talks with Tamil Nadu to invest up to $200 million to build a new plant for electronic components, two sources with direct knowledge told Reuters on Wednesday.

Top officials of Foxconn Industrial Internet (FII), the subsidiary of Taiwan-based Hon Hai Technology Group, popularly known as 'Foxconn' called on Chief Minister M K Stalin and discussed "investment opportunities" in Tamil Nadu, sources said on Wednesday. FII chief executive officer Brand Cheng accompanied by senior company officials discussed the...

Tamil Nadu Chief Minister M K Stalin in a letter to Union Civil Aviation Minister Jyotiraditiya Scindia urged for the re-introduction of direct flights between Tokyo and Chennai, and increasing the number of flights between Singapore and Madurai.

Hyundai on Thursday said it would invest $2.45 billion (roughly Rs. 20,110 crore) in Tamil Nadu over a period of 10 years. The South Korean vehicle manufacturer is looking to increase production in India and introduce new electric vehicle models in the country.

Mitsubishi Electric India has decided to set up a new manufacturing unit in Tamil Nadu at an investment of about Rs. 1,891 crore. The manufacturing facility for room air-conditioners and compressors is expected to come up on a 52 acre land. Company officials said the commercial production at the facility was expected to begin in October 2025.

India's Ola Electric Mobility Pvt. plans to build what it says will be the world's largest electric vehicle hub with an investment of 76.1 billion rupees ($920 million) to localize the supply chain for cleaner transport.

Ola Electric on Saturday said it would invest $920 million (roughly Rs. XXX crore) in Tamil Nadu to manufacture electric cars and EV batteries. The investments, to be made through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, will help the company make 140,000 cars annually and hire 3,111 workers in the state, according to O...