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TN Rising Hosur Conclave Seals 92 MoUs Worth ₹24,307 Crore, Targets 49,000 Jobs

Officials say the Hosur pledges outpaced the government's recent Europe mission.

Overview

  • The pacts carry an estimated 49,353 jobs, with most outlets citing ₹24,307 crore in commitments while others reported ₹26,000 crore, and the chief minister said the total topped the ₹15,516 crore secured in Europe.
  • Zetwerk signed for a ₹5,000 crore solar cell facility expected to create about 3,000 jobs and deepen the domestic solar value chain.
  • Defence and aerospace additions include a ₹850 crore DCX Systems–IAI-ELTA unit in Krishnagiri for radars and electronic warfare systems and a ₹200 crore IAMPL expansion for jet engine components.
  • A 300-acre Future SIPCOT Mobility Park opened at Shoolagiri with plots allotted to 22 firms planning ₹2,728 crore in investments and 6,682 jobs, alongside plans for a Hosur Knowledge Corridor.
  • Execution and skills focus featured the Innovation‑TN startup dashboard by IIT Madras and Guidance Tamil Nadu, the Ascent Circuits Unit 2 launch (₹1,100 crore; 1,200 jobs), and foundations for a ₹500 crore Kauvery Hospital and a ₹350 crore Aspire Footwear plant.