The Nadu government entered into 60 MoUs with investors to attract more than Rs 1.25 lakh crore investments that are expected to generate 75,000 jobs. With this ‘single day record’ at the Investors’ Conclave on Monday, the government has registered cumulative investments of Rs2.2 lakh croresince May last year.
The new investments include industrial units that make auto components, electric vehicles, solar power components, lithium cells, green energy and aerospace, besides FinTech and data centres. Key investors include ACME Green Hydrogen and Chemicals, which is planning to invest 52,695 crore for a green ammonia plant at Tuticorin and Tata Power which will invest 3,000 crore to make 4GW solar cells.