In a major boost to Tamil Nadu’s industrial growth and job creation, 158 Memorandums of Understanding (MoUs) worth ₹43,844 crore were signed in the presence of Chief Minister M.K. Stalin at the ‘TN Rising’ Investors Conclave held in Coimbatore on Monday evening. These projects are expected to generate 1,00,709 jobs across various districts.The MoUs cover a wide range of sectors and aim to strengthen economic development throughout the State. Among the significant agreements, US auto major Ford signed an MoU with the Tamil Nadu Guidance Bureau. Officials noted that Tamil Nadu, the second-largest economy in India, continues to lead in manufacturing, exports, investment attraction, and job creation.
The 2024–25 Economic Survey highlighted the State’s strong performance, particularly in generating employment opportunities for women.
The State government has been taking multiple measures to meet its target of becoming a USD 1 trillion economy by 2030. Encouraging investments and creating jobs for the youth form a key part of this mission.
Today’s conclave in Coimbatore follows earlier successful events. At the TN Investment Conclave 2025 held in Hosur on September 11, a total of 92 MoUs were signed, attracting ₹24,307 crore and generating 49,353 jobs. Prior to that, a TN Rising Investors Conclave in Thoothukudi on August 4 resulted in 41 MoUs worth ₹32,554 crore that would create nearly 50,000 jobs, giving a strong push to industrial development in the southern districts.
The signing of the latest 158 MoUs also comes on the heels of Tamil Nadu attracting ₹15,516 crore in investments during Chief Minister Stalin’s European tour in September. During the first leg in Germany, 26 MoUs worth ₹7,020 crore were signed, creating 15,320 jobs. In the UK leg, seven MoUs worth ₹8,496 crore were secured, promising 2,293 jobs. In total, these agreements will generate 17,613 jobs.