Chennai, 8 December (H.S.) : The fourth edition of the 'TN Rising' conclave, inaugurated by Chief Minister M.K. Stalin in Madurai on Sunday, has successfully secured investment deals totaling ₹36,660 crore, which are projected to create 56,766 jobs across Tamil Nadu.

The event was framed by the DMK and its government as a platform to highlight a narrative focused on development and growth.

During the conclave, 91 Memorandums of Understanding (MoUs) were signed with various industries. Key agreements include:

Reliance Industries: An investment of ₹11,760 crore to establish integrated bio-energy plants, expected to generate 7,000 jobs.

SFO Technologies: A commitment of ₹2,270 crore for setting up a PCB and electronic components manufacturing unit in Theni, creating 5,500 jobs.

Pei Hai Group: The Taiwanese non-leather footwear manufacturer signed a deal for a ₹720 crore investment to establish a facility at the upcoming Sipcot Melur Industrial Park, with the potential to employ 15,000 people.

In his address, Chief Minister Stalin stated that under the current Dravidian model regime, investment projects worth ₹11,84,00,000 have led to the creation of 34 lakh jobs, with roughly 80% of MoUs having been realized.

He emphasized that the government's goal is to not merely sign MoUs, but to ensure that the promised jobs materialize, asserting that the state's policies, human resources, and infrastructure make it a preferred destination for global investors.

A new policy on toy manufacturing was also released during the event, and work on a new industrial park was initiated.

---------------

Hindusthan Samachar / Dr. R. B. Chaudhary