ENA State 2025-08-05 14:53:26 <p><span style="font-size:14px"><strong>Chennai, Aug 5 (KNN)</strong> Tamil Nadu Chief Minister M.K. Stalin inaugurated commercial production for four projects in Tirunelveli, Thoothukudi, and Kancheepuram, involving a total investment of Rs 1,230 crore, during the TN Rising Investors Conclave held in Thoothukudi on Monday.</span></p> <p><span style="font-size:14px">These projects are expected to generate employment for approximately 3,100 people.</span></p> <p><span style="font-size:14px">In addition, Memoranda of Understanding (MoUs) were signed for 41 new projects across the state, amounting to a total investment of Rs 32,554 crore. </span></p> <p><span style="font-size:14px">These ventures are projected to create over 49,000 jobs, with 19 of the projects falling under the Micro, Small, and Medium Enterprises (MSME) sector, involving a cumulative investment of Rs 265.15 crore.</span></p> <p><span style="font-size:14px">Highlighting Thoothukudis strategic advantages&mdash;including a port, rich natural resources, and a skilled workforce&mdash;Stalin said the government was determined to develop it into an industrially advanced district.</span></p> <p><span style="font-size:14px">He noted that southern industrial parks were receiving special incentives and already had ready-to-use infrastructure in place to attract investment. </span></p> <p><span style="font-size:14px">Citing ongoing developments, Stalin pointed to major projects such as a desalination plant in Thoothukudi, Tidel Parks in Madurai and Thoothukudi, and the PM MITRA textile park in Virudhunagar. </span></p> <p><span style="font-size:14px">Solar manufacturing units by Tata Power Solar and Vikram Solar have also been set up in Tirunelveli.</span></p> <p><span style="font-size:14px">The Chief Minister also announced four additional projects specifically for the Thoothukudi and Tirunelveli districts. These include a 256-acre space park, a dedicated shipbuilding facility in Thoothukudi, and a common facility centre worth Rs 5.59 crore to support moringa exports in the region.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43062 https://knnindia.co.in/news/newsdetails/state/tamil-nadu-secures-rs-32554-cr-in-mous-at-investors-conclave-49000-jobs-projected 2025-08-05 14:53:26 knnindia.co.in