Economy
Tamil Nadu Signs ₹67,542 Crore Investment Deals
The Hindu1h
THE BRIEF
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The Tamilaga Vettri Kazhagam government signed 97 memoranda of understanding worth over ₹67,542 crore during its first 'Vettri Tamil Nadu Investment Conclave 2026' held on Thursday.
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Industries Secretary S. Vijayakumar stated that all 97 projects are expected to be grounded within six months to one year, with 25 companies entering the state for the first time.
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Major commitments include a ₹2,500 crore investment by the Hinduja Group in renewable energy and a ₹1,000 crore footwear park project by Phoenix Kothari Footwear Limited in Ramanathapuram.