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TN Rising Hosur Conclave Nets 92 MoUs Worth ₹24,307 Crore

The showcase underscored Tamil Nadu’s push into green manufacturing via new industrial clusters plus a statewide innovation dashboard.

Overview

  • The state pegged potential employment from the Hosur agreements at 49,353 alongside inaugurations of three completed projects worth ₹250 crore and foundation stones for ₹1,210 crore.
  • Bengaluru-based Zetwerk signed a ₹5,000 crore MoU to build a solar-cell plant targeting about 3,000 jobs as other Karnataka-headquartered firms pledged ESDM and automation facilities in Krishnagiri.
  • Defence and aerospace commitments featured DCX Systems with IAI‑ELTA planning an ₹850 crore unit in Krishnagiri and IAMPL investing ₹200 crore to expand its Hosur facility.
  • Cluster development advanced with the opening of the 300-acre Future SIPCOT Mobility Park at Shoolagiri, where 22 firms plan ₹2,728 crore in investments with 6,682 jobs.
  • IIT Madras partnered with Guidance Tamil Nadu to launch the Innovation‑TN startup dashboard, and the chief minister said 77% of MoUs since 2021 have progressed to implementation.