MEPZ Sparks Regional Growth with ₹450 Cr Investment Boom

The Unit Approval Committee (UAC) of MEPZ Special Economic Zone, chaired by Arthur Worchuiyo, has approved a new batch of projects across multiple sectors involving total investments of more than ₹450 crore.

The approved proposals cover industries such as IT and IT-enabled services, nutraceuticals, warehousing and logistics, engineering services, and footwear manufacturing. The projects are expected to support industrial growth across the Tamil Nadu, Andaman and Puducherry (TAP) region.

According to the committee, the newly cleared projects are projected to generate nearly 6,650 employment opportunities, significantly contributing to regional job creation and economic activity.

The latest approvals are also expected to strengthen investment momentum within the special economic zone ecosystem while enhancing manufacturing and services capabilities across the participating sectors.

News by Rahul Yelligetti.