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TN Cabinet nod for 14 projects worth ₹39k cr

The New Indian Express

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October 09, 2024

THE state 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 TRB Rajaa.

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 Free-trend 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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