Tamilnadu CM signs Rs 7,175 cr worth projects with top companies

Chennai: Chief Minister Edappadi K Palaniswami today signed MoUs for 15 new projects worth Rs 5,574 crore, laid foundation for five new projects and inaugurated production in three other units. The 23 projects worth Rs 7,175.71 crore will generate 45,846 jobs.

TCS, Infosys, Schwing Stetter-Germany, Nissei of Japan, Younghwa of Korea, Mahle from Germany are among the companies which are making investments in the State.

This is being seen as a major industrial push and this comes close on the heels of the CM’s tour of the US, the UK and Dubai, where he signed 41 MoUs attracting investments worth Rs 8,835 crore in various sectors.

Also today, Palaniswami flagged off 370 new buses for State-run transport corporations at a function in the Secretariat here.

On Wednesday, Palaniswami said his meeting with Kerala counterpart Pinarayi Vijayan on various inter-State water sharing issues was held keeping in mind the ‘welfare’ of the farmers and people of the two States.

He said Tamilnadu wants ‘very cordial’ ties with neighbouring States.

‘It was because of this approach that Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy responded to a request by the Tamilnadu government and ordered the release of Krishna water for Chennai from Wednesday to address the issue of drinking water shortage in the city,’ Palaniswami said.

When asked whether he will meet Karnataka Chief Minister B S Yediyurappa over the Cauvery water sharing issue, he said the Supreme Court had given a ‘clear cut’ verdict on the matter. ‘It is for Karnataka to act as per the judgement.’

NT Bureau