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Stalin Returns From Europe With 33 MoUs Worth Rs 15,516 Crore for Tamil Nadu

He signals a pivot to execution with a Hosur rollout scheduled this week.

Overview

  • The tally includes 26 MoUs in Germany worth Rs 7,020 crore and seven in the UK worth Rs 8,496 crore, with 17,613 projected jobs.
  • The Hinduja Group signed the biggest proposal at Rs 7,500 crore for EV cell and battery manufacturing, energy storage and charging infrastructure.
  • German commitments cited by the state include Knorr-Bremse (Rs 2,000 crore), Nordex (Rs 1,000 crore) and an ebm-papst expansion (Rs 201 crore).
  • Stalin said 10 new firms expressed interest and 17 existing investors opted to expand in Tamil Nadu rather than move elsewhere.
  • He set near-term follow-ups, including inaugurating Delta Electronics’ Rs 2,000 crore Hosur unit on September 11, as the AIADMK questioned the need for the foreign trip.