The Tamil Nadu government signed investment agreements worth ₹32,554 crore during the TN Rising Investors Conclave on August 04, 2025, as per news reports. The deals are expected to create around 50,000 jobs across southern districts.
Chief Minister M. K. Stalin presided over the event, which focused on new investments and infrastructure expansion.
Apart from fresh deals, the state also saw inaugurations of projects totalling ₹2,530 crore. This includes the launch of VinFast’s electric vehicle unit in Thoothukudi. The unit marks the company's first operational facility in India.
Singapore’s RGE will invest ₹4,953 crore to set up a man-made fibre unit, expected to generate 1,065 jobs. JSW is investing ₹5,225 crore in a renewable energy facility, creating 3,630 jobs. The Shakthi Group plans to build an ammunition and propellants plant for ₹5,000 crore, with 2,000 jobs projected.
CREW (Chennai Radha Engineering Works) signed a deal for a ₹1,500 crore shipbuilding component unit that could employ 1,400 people. Sources indicate that a foreign shipbuilding firm may partner with CREW. Talks are also reportedly underway involving HD Hyundai and Cochin Shipyard to set up shipbuilding operations in South India.
The state announced plans to build a 250-acre space park in Thoothukudi. A new public sector undertaking for shipbuilding is also being proposed. These are part of the Tamil Nadu government's plans to diversify industrial activity across southern districts.
The state’s current industrial focus spans semiconductors, electric vehicles, solar cells, green hydrogen, and data centres. According to the Industries Department, efforts are being made to attract large-scale investments not just in Chennai, but also in the Western, Delta, and Southern regions of the state.
Read More: Godrej Consumer Launched its First Integrated Greenfield Plant in Tamil Nadu!
The projects signed during the conclave are spread across multiple sectors and regions, with employment and manufacturing at the core. Implementation timelines for most units are yet to be confirmed.
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Published on: Aug 5, 2025, 2:36 PM IST
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