Hyosung TNS planning to set greenfield manufacturing facility in Tamil Nadu
South Korean banking products solutions provider Hyosung TNS is planning to develop a greenfield manufacturing facility in Tamil Nadu. The new facility will produce automated teller machines (ATMs) for both domestic and international markets.
This update came during Tamil Nadu's Industries Minister S Keerthana's visit to South Korea and aligns with Chief Minister C Joseph Vijay's efforts to strengthen the state's industrial ecosystem and attract high-value manufacturing projects.
As per the minister, the southern state offers a manufacturing ecosystem, including its industrial infrastructure, skilled workforce, and established supply chain network.
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