MoUs Worth Over Rs 35,200 Crores Signed By Tamil Nadu
The state government of Tamil Nadu has inked Memorandum of Understanding (MoUs) with a cumulative investment value of Rs 35,208 crores. The MoUs cover 59 projects. A good number of Electric Vehicle (EV) projects are set to come to the fore in the State as big names like TVS Motor Company ha signed an MoU with the government for investing Rs. 1200 crores in future technologies and EVs in the next 4 years.
Various sectors like cement, dairy, textiles, automobiles, industrial parks, defense, drones, etc were included under the MoUs signed.Â