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Hyundai invests Rs 6,180 cr in Tamil Nadu for Hydrogen Initiatives
This additional investment is part of the automaker's broader commitment, totalling Rs 20,000 crore over the period of 2023-2032, dedicated to advancing electric vehicle manufacturing.Read more
TN secures $4.39 bn investments from Apple, Hyundai, and more
Key deals signed include a $1.4 billion investment by JSW Energy in renewable energy projects, a $1.5 billion investment by Tata Electronics in mobile phone assembly operations, and a nearly $125 million investment by Nike shoemaker Hong Fu.Read more
TN secures billion in investments sectors at Global Investors Meet
Agreements were signed, including a significant investment of Rs 16,000 crore from Vietnamese electric vehicle player VinFast, earmarked for establishing an EV manufacturing facility in the southern district of Thoothukudi.Read more
VinFast chooses Tamil Nadu for global ev manufacturing hub in India
Sources familiar with the matter revealed that the top management of VinFast, led by Chairman Ph?m Nh?t V??ng, is expected to visit India soon to finalise a Memorandum of Understanding (MOU) with the Tamil Nadu government.Read more
Apple explores diversified manufacturing in India, discusses partnerships beyond China
Presently, Tata Electronics stands as Apple's sole vendor in India, with plans to double its casing facility.Read more
Apraava Energy expands its RE portfolio with 300 MW wind energy project in Karnataka
The project is part of the 1200 MW auction capacity of Inter-State Transmission System (ISTS)-connected wind power projects (Tranche-XIV) from the Solar Energy Corporation of India (SECI).Read more
TIIC promotes green investments with New ESG Cell for MSMEs
During a recent meeting of the Council of State Industrial Development and Investment Corporations (COSIDIC), hosted by TIIC, the emphasis was placed on integrating sustainability into MSMEs.Read more
Ford's U-Turn: Retains Tamil Nadu plant amidst JSW Deal
This decision comes after finalising a deal with the JSW Group led by Sajjan Jindal, sparking speculation that Ford may be contemplating a re-entry into the world's third-largest auto market.Read more
Coimbatore secures Rs 7,814 cr investments as industries minister seals MOUs
More than 210 companies have expressed interest in investing approximately Rs 6,573 crore in Coimbatore in the upcoming years.Read more
Corning Inc invests Rs 10 bn in Tamil Nadu for Apple supplier manufacturing facility
The new facility will be situated in Pillaipakkam, near Sriperumbudur, on a 25-acre plot, with the option for expansion as needed.Read more