TN Cabinet Approves Rs 31,592 Crore Investment Across 46 Projects, Over 61,000 Jobs Expected

The Tamil Nadu Cabinet has approved incentives for 46 new and expansion projects across the state, committing a total investment of Rs 31,592 crore with the potential to generate 61,521 jobs. The decision is seen as a major step in accelerating industrial expansion and reinforcing Tamil Nadu’s leadership in manufacturing and advanced technology sectors.

The projects will be implemented across Chennai, Chengalpattu, Kanchipuram, Tiruvallur, Villupuram, Tiruvannamalai, Krishnagiri, Namakkal, Perambalur, Theni, Dindigul, Karur, Tiruppur, Salem, Coimbatore and Thoothukudi, reflecting a strong focus on balanced regional development and employment generation beyond established industrial clusters.

Among the key investors is Sakthi Aircraft Industry, which will set up a training aircraft component assembly and maintenance facility. Dixon Technologies and SFO Technologies will establish electronics manufacturing units, strengthening the state’s position in the electronics supply chain. Vikram Solar plans a battery energy storage system assembly unit, while Schneider Electric Group will invest in refrigeration equipment manufacturing.

In the life sciences space, the Bharat Biotech Group will develop a life sciences products park. Caterpillar Inc. Group will expand construction machinery and equipment manufacturing operations, reinforcing Tamil Nadu’s industrial equipment ecosystem. Boeing will establish an advanced aerospace research and development centre, and Saint-Gobain will enhance its glass products manufacturing footprint in the state.

These approvals underline growing investor confidence in Tamil Nadu’s policy stability, skilled workforce and infrastructure readiness. With global supply chains evolving and India positioning itself as a manufacturing alternative, the state continues to attract both domestic and multinational corporations across sunrise sectors.

The investment pipeline is expected to boost industrial output, deepen vendor ecosystems and create significant direct and indirect employment opportunities. As these projects move into execution, they are set to play a critical role in strengthening Tamil Nadu’s economic growth trajectory in the coming years.