The Tamil Nadu Cabinet has approved 15 major industrial investment proposals with a combined value of ₹34,237 crore, a move expected to expand the state’s industrial base and create approximately 55,000 direct and indirect jobs. The decisions were taken at a cabinet meeting chaired by Chief Minister M.K. Stalin at the Secretariat in Chennai.According to Industries Minister T.R.B. Rajaa, the approved projects span a diverse range of sectors — from footwear and electronics to ships and defence components — and are planned across several districts including Chennai, Ranipet, Tiruvannamalai, Krishnagiri, Tiruchy, Karur, Ramanathapuram and Thoothukudi.
Among the biggest investments is a ₹5,000 crore footwear manufacturing project in Ranipet for German sports brand Adidas, and a ₹4,995 crore electronics unit by Kaynes Circuit India in Thoothukudi. Another notable project — worth ₹4,500 crore — by Jeanuvs Group will produce components used in radars, artillery and missiles, marking Tamil Nadu’s deeper entry into advanced manufacturing.
The Cabinet also cleared expansion plans for existing industry players, including Hyundai, and initiatives in the solar energy sector by Gensol Engineering.
Minister Rajaa noted that these investments are part of the government’s strategy to promote balanced industrial growth beyond the Chennai metropolitan region, bringing opportunities to districts that have seen limited development in the past
The state is also set to celebrate the upcoming inauguration of the Tata Motors Jaguar-Land Rover (JLR) plant in Ranipet on February 9, reflecting progress from project approvals to execution.
This latest round of approvals underlines Tamil Nadu’s continued push to attract large-scale investments and reinforce its position as a leading industrial destination in southern India ahead of the 2026 Assembly elections.