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Tamil Nadu govt seals deals worth ₹24,307 cr at Hosur investor meet

Business Standard

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September 12, 2025

The Tamil Nadu government on Thursday said it had secured investment deals worth ₹24,307 crore during an investors' meeting in Hosur, which, once realised, would have the potential to generate 49,353 jobs across sectors like renewable energy (RE), defence, footwear, and aerospace.

- SHINE JACOB

Major investment promises include a ₹5,000 crore solar cell manufacturing unit by Zetwerk, and a ₹850 crore defence electronics unit by DCX Systems Ltd, in partnership with Israel's IAI-ELTA Systems. As many as 92 investment memoranda of understanding (MoUs) were signed as part of the TN Rising investment meeting in Hosur. Chief Minister (CM) MK Stalin was present at the event.

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