Coimbatore: In a major boost to industrial development, the Tamilnadu government on Tuesday signed Memorandum of Understandings (MoUs) with 59 firms in the presence of Chief Minister M K Stalin who launched various schemes totally involving Rs 52,549 crore investments through 82 projects, besides creating 92,420 jobs.
The MoUs were signed at the Tamilnadu Investment Conclave held in this Textile city.
In the conclave, MoUs were signed in the presence of Stalin with 52 firms committing a total investment of Rs 34,723 crore that would create 74,835 jobs.
Apart from this, MoUs were signed with seven firms in aerospace and defence accessories involving an investment of Rs 485 crore and providing jobs to 1,960 people, totalling an investment of Rs 35,208 crore by 59 firms and create jobs to 76,795 people.
The France-based Dassault SystÚmes inked pact fpr setting up of a centre of excellence along with TIDCO for virtual and design engineering for aerospace and other industries with an investment of Rs 212 crore.
Stalin also laid the foundation stone for 13 projects involving a total investment of Rs 13,413 crore and providing 11,681 jobs and launched commercial production of ten projects involving an investment of Rs 3,928 crore and providing jobs to 3,944 people.
Through these 82 projects, the conclave has attracted Rs 52,549 crore investments, besides creating 92,420 jobs. The agreements, which will facilitate investments in 22 districts of the State, were signed in the presence of Stalin at the investment conclave held in this Textile city. At the conclave, Stalin also launched the TN Fintech Policy-2021 and a single-window mobile app and an aerospace and defence directory.
Later in his address, he said investments with 59 firms will create 76,795 jobs in the State.
Since the investments were spread over 22 districts, the youth of the state will get jobs near their place of stay.