Chennai: Tamil Nadu secured ₹15,516 crore in investment commitments during Chief Minister M.K. Stalin’s official visit to Germany and the United Kingdom. A total of 33 memoranda of understanding (MoUs) were signed, with projects expected to create approximately 17,613 jobs across sectors such as electric vehicles, pharmaceuticals, automotive, and skill development.
The UK-based Hinduja Group committed ₹7,500 crore to establish a comprehensive electric vehicle (EV) ecosystem in Tamil Nadu. The initiative will focus on EV cells, battery energy storage systems, and charging infrastructure, with potential employment generation exceeding 1,000 jobs. AstraZeneca announced a ₹176 crore investment to expand its Global Innovation and Technology Centre in Chennai, marking the company’s third strategic investment in the state in two years.
BMW reaffirmed its commitment to Tamil Nadu’s automotive sector, particularly in electric mobility, as part of the state’s push to position itself as a leader in sustainable transportation solutions. In the area of skill development, agreements were finalized with German institutions to implement the dual vocational training model. The program is expected to begin with 120 students, with plans to scale up to 20,000 trainees in the coming years.
Describing the visit as “fulfilling and a huge success,” Chief Minister Stalin noted that 10 new companies have expressed interest in investing in Tamil Nadu, while 17 existing enterprises have chosen to expand operations within the state. These developments underscore the increasing confidence global investors have in the region’s industrial and technological capabilities.
In addition to the signing of investment agreements, Chief Minister Stalin engaged with members of the Tamil diaspora in the United Kingdom, urging them to remain united and contribute to the state’s development. During the visit, he unveiled a portrait of social reformer Periyar E.V. Ramasamy at the University of Oxford and participated in academic events, including the ‘Self-Respect Movement and its Legacies Conference.’ He also visited sites significant to Indian and global thinkers, such as the tomb of Karl Marx, the residence of Dr. B.R. Ambedkar, and memorials dedicated to Tamil literary and spiritual figures.
The Chief Minister further announced that he would inaugurate a unit of Delta Electronics in Hosur on September 11, supported by a ₹2,000 crore investment. He is also scheduled to lay the foundation for projects worth ₹1,100 crore and stated that an investors’ meet will be organized in Hosur, following the model of Thoothukudi, to attract additional investment proposals.
The agreements signed during the visit cover a range of initiatives that are aligned with Tamil Nadu’s long-term economic and industrial strategies. They are expected to bolster sectors that contribute significantly to employment generation, technological advancement, and sustainable development, while reinforcing the state’s position as a preferred destination for global investors. The investments also aim to address skill gaps through targeted training programs and enhance infrastructure across critical industries.
Also Read: Court Rules Against Paranjoy Guha Thakurta & Others in Adani Defamation Suit
