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Tamil Nadu Signs 91 MoUs Worth ₹36,660 Crore at Madurai Summit

The state casts the Madurai region as a new growth pole through sector-focused parks, infrastructure plans, plus university–industry linkages.

Overview

  • Chief Minister M. K. Stalin said the agreements aim to generate 56,766 jobs as part of a drive to disperse industry across southern districts.
  • A PM MITRA integrated textile park is planned in Virudhunagar at ₹1,894 crore over 1,052 acres, with officials projecting nearly one lakh jobs.
  • Taiwan’s Pei Hai will set up a non-leather footwear unit in the upcoming SIPCOT park in Madurai, expected to create 15,000 jobs with priority for local women.
  • An MoU with Hyundai outlines a shipbuilding project in Thoothukudi, which the state says positions Tamil Nadu at the forefront of the sector.
  • The Chief Minister released the Madurai Master Plan 2044 and launched a University Research Park initiative with initial funding, as the meet drew 186 projects across diverse sectors.