TN Updates

🚨🚨🚨 Tata Motors Group signs MoU with Government of Tamil Nadu to set-up vehicle manufacturing facility at an investment of Rs. 9,000 crores. #InvestInTN

Zifo, a global clinical biometrics solutions provider, is expanding its operations in Chennai. The company has added 50,000 sq ft of new office space to its existing operations at DLF IT Park, Manapakkam. timesofindia.indiatimes.com/city/chennai/z…

Spain-based Edibon, which manufactures Technical Teaching Equipments, has signed a MoU with the GoTN to invest ₹540 cr in the State, in the presence of CM M.K. Stalin in Spain. The CM also met with industrial giants Gestamp, Talgo & Mabtree. thehindu.com/news/national/…

The proposed bio-diversity park by Chennai Corp at Perungudi, costing Rs 185 cr on 93 acres of reclaimed dumpyard land, includes a bird-watching tower and 6 interlinked ponds holding over 18 lakh liters of water. Stakeholders meet conducted on Monday. (TOI)

CapitaLand India Trust (CLINT) has entered into a forward purchase agreement with Casa Grande Group to acquire three industrial facilities, totaling a net leasable area of 0.79 mn sq ft at OneHub Chennai, valued at Rs. 2,680 cr. capitaland.com/en/about-capit…

🧵A thread on the evolving IT ecosystem in #Madurai

Realignment of #Thoppur ghat for which the tender bid is finalised and work for new elevated 4 lane from Dharmapuri -Thoppur ghat road start to entry of Salem district for 6.6 kms with a butterfly crossroads flyover at the Dharmapuri/mettur junction to start soon at 756 crores.

🚨 Tata Group is in advanced talks to form a joint venture with Taiwan firm Pegatron to set up its second iPhone manufacturing unit in Hosur. livemint.com/companies/news…

German shipping and container transportation major, Hapag-Lloyd AG, has signed a MoU with the Tamil Nadu govt to invest ₹2,500 crore for various projects in Thoothukudi and other areas. thehindu.com/news/national/…

Spanish-based sanitaryware major Roca Group announced it would invest ₹400 crore in Tamil Nadu towards process automation, capacity expansion and upgradation of its Global Technical Centre. thehindu.com/business/roca-…

Chennai Port achieved a milestone by handling a total cargo of 340,583 tonnes on 27.01.2024, surpassing the previous record of 312,459 tonnes on 30.04.2021. 🚢📈 #ChennaiPort sagarsandesh.in/news/32202

🇺🇸Antunes, the US-based cooking equipment manufacturer, expands its global presence with a new facility at Hiranandani Industrial Park in Tiruvallur, marking its third manufacturing unit alongside those in the US and China. #MakeinTN

CM M.K. Stalin heads to Spain for an Investors' meet, aiming to attract foreign investments, by showcasing TN's Infrastructure and investment-friendly environment. Direct talks expected with key companies like ROCA and Gestamp, along with Invest Spain. 🤝 #InvestInTN

The upcoming Film City in Kuthambakkam, near Poonamallee, spans 152 acres and will cost Rs 500 crores. It will boast mega-size sets, cutting-edge virtual production technology, and feature Unreal Engine-powered LED walls. timesofindia.indiatimes.com/city/chennai/c…

India honors Young Liu, Chairman of Foxconn, with the Padma Bhushan for remarkable contributions to Trade and Industry. Foxconn, a key investor in Tamil Nadu, is set to expand manufacturing units with significant investments. #PadmaBhushan

Groundwork has commenced for ST Telemedia's (STT GDC India) New Data Center project in Siruseri SIPCOT. The current status of under-construction data centers Equinix, Sify, and Techno Electric in Siruseri. #Chennai #TNProjectUpdate

Tamilnadu Infrastructure Development Board invites proposals from Consultants for the preparation of Master Plan to develop a state-of-the-art Film City in Chennai. 🎦

Credits: Times of India

🚨 🌉 Government of India likely to conduct a Feasibility study for a 23 km sea bridge linking Dhanushkodi in India, and Srilanka. (TOI)