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TN clears 14 projects worth ₹38K cr, to create 46K jobs

The Morning Standard

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October 09, 2024

THE Tamil Nadu Cabinet on Tuesday approved 14 new projects with an investment commitment of ₹38,698 crore, enabling the creation of 46,931 jobs. Most of them are high-end jobs, said Industries Minister T R B Rajaa.

TN clears 14 projects worth ₹38K cr, to create 46K jobs

These projects will be spread across 12 districts and span diverse sectors including auto and electric vehicles, electronics, green energy, telecom equipment and advanced manufacturing. The investments are in line with the state government's vision of equitable growth.

The state Cabinet has cleared Freetrend Industrial India's proposal to set up a manufacturing plant in Ariyalur worth ₹1,000 crore, which will make the district a hub for the global footwear industry and generate 14,000 jobs.

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