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Tamil Nadu Signs ₹32,554 Crore in 41 MoUs at Thoothukudi’s Inaugural TN Rising Summit

These investments underpin Tamil Nadu’s plan to broaden its industrial base through similar conclaves statewide.

Overview

  • Chief Minister M.K. Stalin inaugurated Vietnam’s ₹16,000 crore VinFast electric vehicle plant in Thoothukudi before presiding over the first TN Rising conclave.
  • Conclave participants inked agreements across green energy, electronics manufacturing, fibres and port-led development to drive regional growth.
  • Singapore’s RGE committed ₹4,953 crore for a manmade fibre plant expected to employ about 1,065 people in the district.
  • High-precision electronics firms Yeemak and Jeanuvs outlined a ₹3,500 crore PCB and consumer electronics facility that could hire over 7,000 workers.
  • Future TN Rising events are planned for western, central and northern Tamil Nadu as part of the state’s push toward a USD 1 trillion economy.