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Home » Blog » Taiwanese Industrial Park near Chennai set to draw ₹10,000 crore investment
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Taiwanese Industrial Park near Chennai set to draw ₹10,000 crore investment

Michael Hayes
Michael Hayes
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Minister of Industries Tamil Nadu Trb Rajaa

Minister of Industries Tamil Nadu Trb Rajaa | Photo credit: Bijoy Ghosh

The conversion rate of the Memorandum of Understanding (MOU) signed in the Tamil Nadu Global Investors gathered 2024 is now 72 percent, and of the 897 Mou signed from 2021 to date, the work has begun 722, with Friday with parked stays.

The minister made a series of advertisements, including the establishment of a Taiwanese industrial park near Cennai, which has the potential to attract ₹ 10000 million rupees and provide jobs to almost 20,000 people.

Hi, he also said that a new footwear park that does not cover 125 acres will be established in the Tarupatttu district to attract RS ₹ 250 million rupees and job opportunities to 2,300 jobs. He added that a new storage policy will be announced, he added.

An industrial marine food processing policy will be announced, and a new marine food export and processing park in the Thanjavur district will be built at a cost of ₹ 125 million rupees. This will attract almost 200 million rupees and provide 2,000 jobs, he said.

Five new Sipcot Plug-And-Play textile parks will be established in Tiruvaru, Nagattinam, Sivagangai, Ramanathapuram and Thothukudi. In addition, a new SIPCOT park in 100 acres will be established in the Sivagangai district. This park has the potential to attract ₹ 200 million rupees in investment and create 2,000 jobs.

A new SIPCOT park will be established in the Kallakurichi district in 450 Acres, with the potential to attract 630 million investment rupees and provide 9,000 jobs. A Sipcot now has a land bank or 48,926 Acres, he added.

Posted on April 25, 2025

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