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PMK Challenges Tamil Nadu’s Investment Claims as Minister Defends Multi‑Year MoUs

The dispute centers on whether MoU totals reflect realised spending versus longer‑term commitments.

Overview

  • PMK released a booklet claiming only about 8.8–9% of the ₹11.32 lakh crore touted since 2021 has materialised and demanded a White Paper on investments.
  • The Industries Minister rejected the allegation, saying 1,016 MoUs worth ₹11.4 lakh crore have been signed with potential for over 34 lakh jobs.
  • He reported land has been acquired for 809 projects and said many investments are progressing through phases such as construction, trial runs and partial operations.
  • Citing Employees’ Provident Fund data, the government pointed to an increase in registered workers from 54 lakh in 2020–21 to nearly 84 lakh in 2025–26 as evidence of industrial growth.
  • Specific deals are disputed, with PMK highlighting VinFast’s partial investment and Hwaseung’s move to Andhra Pradesh, while the Minister said reports of a large BYD plant in Telangana were denied by the company.