State to sign 28 MoUs worth ₹28,000 crore
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The State authorities will sign 28 memoranda of understanding (MoU) on Tuesday for initiatives envisaging investments round ₹28,000 crore.
Among the initiatives is one by Tata Electronics, envisaging an funding of round ₹5,300 crore in Krishnagiri district and era of employment alternatives for 18,250 individuals.
It pertains to the manufacture of cell phone elements.
The Pegatron Corporation of Taiwan will arrange a cell phone manufacturing unit in Chengalpattu district on an funding of ₹1,100 crore within the first section, and create about 14,000 jobs. Another section has additionally been proposed.
The MoUs can be signed within the presence of Chief Minister Edappadi K. Palaniswami. The occasion will even characteristic the inauguration of 13 initiatives, such because the TICEL Park in Coimbatore and the laying of basis for industrial estates.
Policy paperwork can be unveiled on the event for main industries and micro, small and medium enterprises.
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