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77% of investment MoUs turned into projects: Rajaa

The New Indian Express Chennai

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August 21, 2025

INDUSTRIES Minister TRB Rajaa on Thursday said Tamil Nadu has reported that 77% of the MoUs the state signed for investments since 2021 have translated into projects on the ground.

- EXPRESS NEWS SERVICE @ Chennai

77% of investment MoUs turned into projects: Rajaa

INDUSTRIES Minister TRB Rajaa on Thursday said Tamil Nadu has reported that 77% of the MoUs the state signed for investments since 2021 have translated into projects on the ground. The state has signed MoUs worth ₹10.82 lakh crore in the last four years. "We crossed the 75% mark that the chief minister wanted us to achieve. We have now reached 77%," Rajaa told reporters.

According to him, around 80% of the 631 agreements signed at the Tamil Nadu Global Investors Meet 2024 are under implementation.

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