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Tamil Nadu signs MoUs worth over Rs 15,000 crore to generate 47,000 jobs

The proposed investment will be towards company's proposed brownfield expansion at company's Oragadam facility near Chennai

Tamil Nadu
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The proposed investment will be towards company's proposed brownfield expansion at company's Oragadam facility near Chennai

T E Narasimhan Chennai
Tamil Nadu has signed 17 memorandum of understandings (MOUs) worth Rs 15,128 crore to generate 47,150 jobs in the state.

Daimler India, Salcomp and other companies would invest over Rs 15,000 crore in Tamil Nadu.

Daimler India Commercial Vehicle would invest Rs 2,277 crore and generate 400 jobs.

The proposed investment will be towards company's proposed brownfield expansion at company's Oragadam facility near Chennai.

Other major auto project will be by BYD India. The company will invest Rs 50 crore to manufacture electric vehicles. The proposed facility will come at Sriperumbudur and will generate jobs for 130 people.

Mahindra Origins

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