Tamil Nadu Secures ₹43,844-Crore Investments Through 158 MoUs at TN Rising Investment Conclave

Tamil Nadu strengthened its position as one of India’s most competitive investment destinations with the signing of 158 Memorandums of Understanding valued at ₹43,844 crore at the TN Rising Investment Conclave. The event, held in the presence of Chief Minister M K Stalin, showcased the state’s strategic focus on advanced industries, high-value manufacturing and job creation across districts.

According to the state government, these agreements have the potential to generate employment for 1,00,709 people, marking a significant boost to Tamil Nadu’s skilled and semi-skilled workforce. Among the most notable announcements was Sakthi Aircraft Industry’s plan to establish a state-of-the-art two-seater trainer aircraft manufacturing facility in Tirupur district. The project, with an investment commitment of ₹500 crore, is expected to create 1,200 high-skilled jobs and will become Tamil Nadu’s first dedicated aircraft manufacturing unit. Officials highlighted that this single project places the state firmly on the national aerospace innovation map.

In the aerospace and defence-related ecosystem, Cingularity Aerospace will also set up a drone manufacturing and testing facility in Krishnagiri with an investment of ₹50 crore, generating around 500 jobs. This addition is expected to accelerate Tamil Nadu’s emergence as a drone-tech hub in South India, especially with rising demand for logistics, surveillance and industrial UAV solutions.

Semiconductors, one of the world’s most sought-after sectors, also featured prominently in the investment basket. MindOx Techno will establish a semiconductor manufacturing unit in Coimbatore with a commitment of ₹398 crore that will generate 460 jobs. Complementing this, Caliber Interconnects announced a massive ₹3,000 crore investment in semiconductor and power electronics manufacturing, offering employment to nearly 4,000 people.

Speaking at the conclave, Chief Minister Stalin stated that Tamil Nadu’s targeted industrial policies and infrastructure-ready approach have consistently attracted global and domestic investors. He reiterated the state’s commitment to becoming a global manufacturing powerhouse, driven by innovation, technology and skilled manpower.

The new investments are expected to accelerate economic activity while positioning Tamil Nadu as a leader in next-generation manufacturing and advanced technology industries.