The ₹31,592 Crore Revolution: Tamil Nadu’s New Industrial Era

The Government of Tamil Nadu Cabinet, chaired by Chief Minister M. K. Stalin, has approved a comprehensive incentives package for 46 new and expansion projects across the state. The initiatives represent a total committed investment of ₹31,592 crore and are expected to generate approximately 61,521 employment opportunities, according to an official release.

The projects will be implemented across key industrial districts, including Chennai, Chengalpattu, Kanchipuram, Tiruvallur, Villupuram, Tiruvannamalai, Krishnagiri, Namakkal, Perambalur, Theni, Dindigul, Karur, Tiruppur, Salem, Coimbatore, and Thoothukudi.

Key investments highlighted include:

Sakthi Aircraft Industry – Establishment of a training aircraft component assembly and maintenance facility

Dixon Technologies and SFO Technologies – Electronics manufacturing units

Vikram Solar – Battery Energy Storage System (BESS) assembly unit

Schneider Electric – Refrigeration equipment manufacturing facility

Bharat Biotech – Life sciences products park

Caterpillar Inc. – Construction machinery and equipment manufacturing

Boeing – Advanced aerospace research and development centre

Saint-Gobain – Glass products manufacturing facility

Spanning sectors such as aerospace, electronics, renewable energy, life sciences, heavy engineering, and advanced manufacturing, these approvals signal a substantial boost to Tamil Nadu’s industrial growth trajectory and employment landscape.

News by Rahul Yelligetti.