The investment will lead to over 8,000 job creation, accelerating economic growth and enhancing the state's industrial infrastructure
The opposition however blamed the DMK government for failing to make proper administrative arrangements
Senior officials of Korean electronics giant Samsung on Sunday called on Tamil Nadu Minister for Industries TRB Rajaa here and discussed swiftly resolving the ongoing labour strike at their factory. The meeting was held following Chief Minister M K Stalin's directive to three of his ministers to resolve the issue at the earliest. Nearly 1,100 employees of the total 1,750 are on strike at the factory in Sriperumbudur near here, since September 9 pressing for various demands including pay revision and better working conditions. They also demand that the Samsung India Workers' Union backed by the Centre of Indian Trade Unions (CITU) gets registered by the state government. Stalin on Saturday instructed three state ministers, including Rajaa, T M Anbarasan (MSME) and C V Ganesan (Labour Welfare and Skill Development) to hold talks with the management and the employees and ensure an early end to the strike. "On the advice of Chief Minister M K Stalin, I met the Samsung's management toda
Readymade garment exporters from Tamil Nadu are likely to see 8-10 per cent growth in revenue to Rs 43,000 crore in this financial year on healthy order flow amid rising demand conditions, a report said on Friday. The industry has seen signs of recovery in Tamil Nadu after two years of subdued demand and muted realisations and is expected to fare better than the national level where revenue growth is expected to be 3-5 per cent this fiscal. Operating profitability will improve 25-30 basis points (bps) on better operating leverage, marginal increase in realisations and stable yarn prices, Crisil Ratings said in a report. "Tamil Nadu readymade garment industry, which accounts for over 30 per cent of readymade garment exports from India, will see volume grow 6-7 per cent in the current fiscal. Growth will be driven by the Tirupur region, the knitwear hub of India, supported by improving demand from the US and Europe. "The government's plan to review the Production-Linked Incentive (PL
Tata Electronics will resume some operations at its fire-damaged Hosur plant in Tamil Nadu, which produces Apple iPhone components. The company said they are probing the cause of the Saturday fire
The weekend blaze has caused an indefinite production halt at Tata's Hosur plant in Tamil Nadu, the only Indian supplier of iPhone back panels
Ford is the latest to join domestic and foreign carmakers, from Tata Motors to Vietnamese automaker VinFast Auto
The fire broke out at the plant in Tamil Nadu state early on Saturday, leaving 10 people with minor injuries and halting production
The risk assessment was carried out as part of CII's new framework, 'Building Climate Resilience for Indian Industry', which aims to help businesses identify and address climate-related threats
Chief Minister MK Stalin wrote a letter to External Affairs Minister S Jaishankar, requesting him to ensure the release of 17 fishermen arrested by Sri Lanka
The company announced that the state-of-the-art production facility, located in Panapakkam, Ranipet district, will produce both cars and sport utility vehicles
Chandrasekaran was attending the groundbreaking ceremony of the Rs 9,000 crore manufacturing unit by Tata Motors
About 1,500 workers, mainly in the morning shift, were present at the unit when the fire erupted, according to sources. All employees were evacuated, and no casualties or injuries were reported
He is a champion of Dravidian ideals, Tamil cinema mogul and more
The factory is unlikely to receive state permission to resume production by Monday
Tamil Nadu Governor R N Ravi on Saturday approved Chief Minister M K Stalin's recommendations on a cabinet reshuffle that included the elevation of his son Udhayanidhi as deputy CM and saw the return of V Senthil Balaji to the council of ministers, two days after the Supreme Court granted him bail in a money laundering case. Further, three ministers, including Mano Thangaraj who held the Dairy Development portfolio, have been dropped. Besides Balaji, Dr Govi Chezhiaan, R Rajendran and S M Nasar have been inducted. Balaji had resigned in February this year, months after being arrested by the Enforcement Directorate (ED) in a cash-for-jobs scam. According to a Raj Bhavan release, CM Stalin "recommended to the Governor of Tamil Nadu (Ravi) to allot the portfolio of Planning and Development to Thiru Udhayanidhi Stalin, Minister for Youth Welfare and Sports Development, in addition to his existing portfolios and be designated as Deputy Chief Minister." The Governor has approved the ...
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This Tata-JLR facility marks a new era for the industrial growth of Northern Tamil Nadu
This manufacturing facility will produce next-gen vehicles for Tata Motors and JLR
Tamil Nadu Chief Minister M K Stalin on Saturday laid the foundation stone for a new manufacturing facility of auto major Tata Motors here entailing investment of Rs 9,000 crore. The ground breaking ceremony was held at Panapakkam in this district, about 115 km from Chennai. The facility is expected to generate 5,000 new jobs. Besides the CM, senior DMK Ministers Durai Murugan, TRB Rajaa, Chief Secretary N Muruganandam, along with Tata Sons Ltd Chairman N Chandrasekaran participated in the ground breaking ceremony. Speaking on the occasion, Stalin expressed joy over Tata Motors' plan to set up a manufacturing facility in TN. "Tamil Nadu is the first investment destination not only for big companies that operate in India but also for multinational corporations. We are delighted with the presence of Chandrasekaran in this event. Hailing from Namakkal district and leading a globally renowned company, he is a pride for the State," Stalin said. Tata Motors had in March signed a memoran