Tamil Nadu Government Signs 97 MoUs Worth ₹67,452 Crore at Vettri Tamil Nadu Investment Conclave 2026

Key facts

• The Tamil Nadu government signed 97 memoranda of understanding (MoUs) involving over ₹67,452 crore investment at the Vettri Tamil Nadu Investment Conclave 2026.
• The MoUs were exchanged in the presence of Chief Minister C. Joseph Vijay.
• Cumulative investment commitments in the first 100 days of the government are expected to cross ₹1 lakh crore, generating more than 1.2 lakh jobs.
• Around 25 companies are coming to Tamil Nadu for the first time.
• All projects are expected to be grounded within six months to one year.
• The majority of investments have gone to the Kancheepuram region (20 projects), followed by Chennai (14), Tiruvallur (13), and Thoothukudi (10).
• Six deals came from South Korea, four from Germany, three from Singapore, two each from Australia, Japan, and France, and investments also came from Sweden, Taiwan, and Denmark.
• Titan will invest ₹1,000 crore in Hosur to expand facilities for making premium watches, jewellery, and automation equipment for its electronics business, creating 1,200 jobs.
• Lucas TVS will invest ₹2,500 crore across multiple facilities.
• France's Saint-Gobain will invest ₹2,000 crore in a new greenfield plant in Krishnagiri and expansion of its plant in Kancheepuram.
• Japan's YKK will invest ₹1,651 crore in Tiruvallur.
• U.S.-based Super Micro Computer will start server assembly operations in Chennai.
• Chennai-based Agnikul Cosmos will invest ₹400 crore for assembly and integration operations for its reusable, liquid-propelled launch vehicles.
• Hyderabad-based Skyroot Aerospace will invest ₹250 crore for storage, assembly, integration, and testing facilities in Thoothukudi.
• Ultraviolette Automotive Private Limited is entering Tamil Nadu to set up its first full-fledged scooter manufacturing facility at an investment of ₹779 crore.
• Eight companies signed MoUs in the life sciences sector.
• Caplin Group of Companies will invest ₹925 crore.
• Hinduja Group will invest ₹2,500 crore in renewable energy, electric mobility, automotive, financial services, energy, battery-charging infrastructure, and digital mobility solutions, including a 200-MW renewable energy project by Hinduja Renewables Energy Private Limited (HREPL) spanning solar, wind, and battery technologies.
• Ramanathapuram has secured its first major investment from Phoenix Kothari Footwear Limited, a ₹1,000-crore project to set up a footwear park.