CM Stalin lays foundation stone for Rs 51,157 crore worth projects; inaugurates Rs 17,616 crore worth new industrial projects

CHENNAI: Chennai: Ahead of his scheduled business trip to the United States to woo investment to Tamil Nadu, Chief Minister M K Stalin on Wednesday laid foundation stone for 28 new industrial projects worth Rs 51,157 crore and inaugurated 19 new finished industrial projects worth Rs 17,616 crore. Stalin also claimed that his government had fetched Rs 9.74 lakh crore investment and created 31 lakh jobs in the last three years. MoUs were exchanged between the state industries department and investors to set up shop in the state.

Speaking after inaugurating and laying the foundation stone for the projects at Tamil Nadu Investment Conclave 2024 in the city, Stalin described it as a “very important day” in the industrial growth history of Tamil Nadu. It is a day that showcases the economic prowess of Tamil Nadu to the whole world and demonstrates the bright future of the state.”

The list of projects for which foundation stones were laid include Rs 36,238 crore investment by Singapore based energy major Sembcorp for establishing a green hydrogen/green ammonia manufacturing unit in Thoothukudi. Pointing out that Rs 9.74 lakh crore investment was attracted and 31 lakh jobs were created in the state during the last three years, Stalin said, “When industry grows, the state progresses through that industry. The jobs created by the industries develop the families. That way, industrial establishments are the proof of growth.”

CM appeals to investors to be ‘ambassadors’ of TN industries dept

“Industrialists have developed the confidence that they could run their business peacefully in Tamil Nadu. The proof of it was the arrival of many industries to Tamil Nadu during the last three years,” Stalin said. Thanking the investors for setting up their business in the state, Stalin appealed to the industrial houses opening business in the state to transform into ambassadors of the state industries department and bring more investments to Tamil Nadu. Stating that today’s event was proof of Tamil Nadu being the preferred destination of investors world over, the CM said that it was evident from over 130 “Fortune 500” companies choosing Tamil Nadu that the state’s capacity to woo investments. The Chief Minister also asked the investors to put the skill and potential of the youths and women workforce of the state to good use. State industries minister TRB Rajaa, state chief secretary N Muruganandam, Mr Santhanam of Saint Gobain India Ltd and other investors and officials also took part in the event.

Here is a list of projects that were inaugurated (19 Projects)

1. Omron

2. Hi-P

3. Motherson Electronics

4. L & T Innovation Campus

5. TVS Indeon (Lucas TVS)

6. Jurojin Developers Private Limited

7. Renault Nissan Technology and Business Centre

8. Sundram Fasteners

9. ESJAY Pharma

10. ENES Ramraj

11. Caplin Point

12. Weg Industries

13. Milky Mist

14. Gurit Wind

15. Hibrow Healthcare

16. Royal Enfield (Eicher Motors)

17. Grupo Cosmos

18. GP Sulphonates

19. Motherson Health

List of projects for which the foundation stone was laid (28 Projects)

1. Sembcorp

2. Ramatex

3. Ascendas Firstspace (Expansion)

4. ESR Phase 3

5. Maple Tree

6. Saint Gobain

7. CHENNSTAR (Hyundai Welding)

8. Hyundai Motor

9. Mitsuba Corporation

10. SATRAC/Kyokuto

11. Pragati Warehousing

12. Capgemini

13. BIADS (Brakes India)

14. Ceebros

15. Greenbase

16. Bonfiglioli

17. Polyhose

18. KRR Air

19. Baettr India

20. Maiva Pharma

21. Schwing Stetter

22. Softgel

23. G-Care Council

24. Tablets India

25. ARaymond Fastener

26. Basant Betons

27. Tata Communications

28. Hical Technologies

Here are the industries of which various projects have been inaugurated here.

* Motor vehicles,

* General manufacturing,

* Industrial parks,

* Electronics,

* Medical equipment,

* Information Technology / Information Technology Services,

* Food processing,

* Chemicals,

* Textiles and Clothing,

* Life Sciences,

* Green Hydrogen

* Construction equipment.