Page 9 - Tamil Nadu

Tamil Nadu, Ford Motor in talks to restart production eyeing global market

Tamil Nadu Chief Minister M K Stalin visited Ford headquarters in Michigan on Tuesday and held detailed discussions with its top management, urging them to restart production

Restart car manufacturing in Chennai, Tamil Nadu CM urges Ford Motor

Chief Minister M K Stalin, who is on a US tour, called on officials of Ford Motor in Chicago and deliberated on the possibility of renewing the company's ties with Tamil Nadu, the state government said on Wednesday. Stalin visited Ford officials including President, International Markets Group, Kay Hart on September 10, 2024, and urged them to revive car manufacturing and expand their global (technology/business) centre in Chennai, an official release said. Ford stopped production at its plant here a few years ago. The CM said in a post on 'X': "Had a very engaging discussion with the team from @Ford Motors! Explored the feasibility of renewing Ford's three decade partnership with Tamil Nadu, to again make in Tamil Nadu for the world!" Also, the government said the chief minister met top officials, including national president, Jagadeesh Mosali of IT Serve Alliance, the voice of IT companies functioning across the United States and urged them to make investments in Tamil Nadu. On

Tamil Nadu CM MK Stalin holds talks with Ford Motor to renew partnership

Tamil Nadu CM MK Stalin discussed reviving Ford's partnership with the state to produce vehicles for exports. Ford Motor exited India in 2021 after failing to turn profitable amid stiff competition

Apple supplier Jabil to set up Rs 2,000 crore mfg unit in Tiruchirapalli

Jabil is also a major supplier to Cisco and HP. Earlier this year, Jabil began manufacturing AirPod components-plastic bodies-for Apple in India

TN CM Stalin secures another key investment for state during US visit

Stalin said that the state government has inked a memorandum of understanding (MoU) with Autodesk to skill youth and boost MSMEs and startups in the State

Tamil Nadu CM writes to EAM to secure release of 14 fishermen held by Lanka

He further urged EAM S Jaishankar to take immediate and concrete diplomatic efforts to ensure the release of all the fishermen and boats in Sri Lankan custody

TN govt signs investment deals worth Rs 850 crore with 3 US companies

These initiatives are helping Tamil Nadu progress rapidly in industrial production while keeping pace with fast-growing global technology advancements

TN inks MoUs with Lincoln Electric, Visteon for investment worth Rs 850 cr

Tamil Nadu government has signed MoUs worth Rs 850 crore with companies including Lincoln Electric during the ongoing US visit of Chief Minister M K Stalin to attract investments, the state government said on Friday. The MoUs were exchanged in the presence of the chief minister on September 5 in Chicago between officials of the government and firms that have committed investments. Lincoln Electric, a leader in arc welding, robotic welding systems and plasma and oxyfuel cutting equipment inked a pact to invest Rs 500 crore for expansion of its R&D and manufacturing facility in suburban Chennai. Vishay Precision, manufacturers of semiconductor and electronic parts and with operations in several countries signed an MoU to invest Rs 100 crore to set up a sensors and transducers facility in Kancheepuram district, an expansion of its manufacturing unit. Visteon Corporation, an automotive electronics maker has committed Rs 250 crore for establishing manufacturing units in Chennai and ...

K S Viswanathan appointed managing director of Chennai Super Kings

He served as an executive committee member from 1996 to 2002, as an assistant secretary from 2003 to 2006, and finally as secretary from 2007 to 2017 in the Tamil Nadu Cricket Association

Tamil Nadu inks pact with US-based Trilliant for Rs 2000 cr investment

Tamil Nadu Chief Minister M K Stalin on Thursday said the state government has signed a MoU with US-based Trilliant for establishing its manufacturing unit and a global support centre in the state at an investment of Rs 2,000 crore. The pact was signed in the US city of Chicago. The CM is on an official trip to the US to garner investments to the state and has already clinched a number of deals. "Exciting developments in Chicago! Secured a Rs 2000 crore MoU with Trilliant to establish a manufacturing unit as well as their Development & Global Support Centre in Tamil Nadu. Thanks to Trilliant for this valuable partnership," he said in a post on 'X.' According to an official release, Trilliant is a leading solutions provider relating to Advanced Metering Infrastructure, Smart Grid, Smart Cities and Industrial Internet of Things. The CM met senior officials of the North Carolina-based company, the release added. Similarly, Stalin held talks with officials of shoe-maker Nike. "Had ..

Tamil Nadu's Dalit mosaic: Big 4 sub-groups cover 85% of the picture

In the second of a three-part series, Business Standard looks at sizeable variations in education levels and employment within SC sub-categories in Tamil Nadu

TN CM Stalin signs MoU with Eaton to set up R&D centre worth Rs 200 cr

Over century-old intelligent power management company Eaton would establish its research and development centre in Tamil Nadu, reinforcing the company's commitment to strengthen its footprint in the country. The new facility to be spread across 1 lakh sq ft would come up in neighbouring Sholinganallur, Chengalpet district and expected to be completed by 2026 end. Chief Minister M K Stalin, Minister for Industries TRB Rajaa who are currently in the United States to woo investors to the state signed a memorandum of understanding with top officials of Eaton. In a social media post, Stalin said the company would invest Rs 200 crore in Tamil Nadu for setting up the Research and Development centre, that would create 500 new jobs. "Eaton has consistently invested in India's talent and technology infrastructure, positioning the country as a critical hub for our global engineering and innovation efforts." said Eaton Country Director-India Philipose Jacob -- Crouse-Hinds, B-Line, Oil and ...

HC dismisses Balaji's plea against lower court's refusal for PMLA discharge

The Madras High Court on Wednesday dismissed as withdrawn, a petition filed by former Tamil Nadu Minister V Senthil Balaji, challenging an order of a sessions court that refused to discharge him from a money laundering case. A division bench comprising Justices S M Subramaniam and V Sivagnanam dismissed as withdrawn, the petition filed by the DMK leader, after an endorsement was made by his counsel to withdraw it. In its brief order, the bench said the criminal revision petition has been instituted challenging the order of rejection of discharge petition. It was brought to the notice of this court that the charges were framed on August 8, 2024 and a Prosecution Witness was examined on August 16 and that the cross-examination was in progress. Balaji's counsel submitted that since the trial had commenced, the petitioner was not inclined to pursue this petition. An endorsement was made to withdraw it. Therefore, the petition was dismissed as withdrawn, the bench added. Balaji was ...

From Google to Amazon, TN turns top AI destination for global majors

The global giant Google is betting big on the state for a long-term play in AI, as the Tamil Nadu AI Labs by the company is set to be on track soon

Chenn.AI connected: Tamil Nadu now plugs into Google's AI mainframe

Collaboration to power AI startups, supercharge workforce skills, and drive MSME tech adoption

Google partners with Tamil Nadu to boost AI ecosystem, tech upskilling

Collaboration to boost AI startups, workforce skills, and MSME tech adoption

NIA arrests key accused in TN Hizb-ut-Tharir case from Bengaluru airport

As per NIA investigations, the accused had conducted secret Bayaans, where many participants, particularly gullible youth, were radicalised

Tamil Nadu CM visits San Francisco, inks pact with Microchip, Nokia, PayPal

The Tamil Nadu government has inked pacts with leading companies including Nokia, PayPal, Yield Engineering Systems, Microchip, Infinx, and Applied Materials for an investment commitment of Rs 900 crore and employment of 4,100 people in Chennai, Coimbatore and Madurai, the government said on Friday. Six companies signed the Memorandum of Understanding (MoUs) in the presence of Tamil Nadu Chief Minister M K Stalin and officials during the investors' meeting in San Francisco, an official release here said. The chief minister, who is leading a high-level official delegation, is currently on a tour to the US till September 14 to attract investments into Tamil Nadu, as part of an ambitious goal to transform the state into a USD one trillion economy by 2030. He left for the US on August 27. He participated in a meeting with potential investors in San Francisco on Thursday. An MoU was signed with Nokia, represented by Chief Strategy and Technology Officer Nishant Batra and President - Fixe

StartupTN got funding of Rs 80 cr, formed partnerships with 200 VCs: CEO

The Tamil Nadu government-backed StartupTN has secured funding of Rs 80 crore and has formed partnerships with over 200 venture capital firms, a top official said on Friday. The agency was actively working to bring in more venture capitalists to invest in the state through the fund aggregator platform TANFUND (The Startup Funding Platform), StartupTN Managing Director and CEO Sivarajah Ramanathan said here. StartupTN aims to nurture a vibrant startup ecosystem in the state to encourage innovation and entrepreneurship-driven employment and economic growth. "Our goal is to create a vibrant startup ecosystem that drives innovation and growth. Today, we are taking this mission further by launching a credit course for engineering students under the 'Naan Mudhalvan' initiative and introducing the Campus Startup Circle model in collaboration with EDII (Entrepreneurship Development and Innovation Institute)," Ramanathan said at the Confederation of Indian Industry, Tamil Nadu Startup Summit

TN inks Rs 900 cr deals with Microchip, Nokia, PayPal on Stalin's US visit

Tamil Nadu Chief Minister M K Stalin signed agreements with multiple global companies during their visit to the US, part of the state's vision to become a $1 trillion economy by 2030