MEPZ SEZ unlocks ₹158 crore investment with eight new unit approvals

The Unit Approval Committee (UAC) of MEPZ Special Economic Zone, chaired by Alex Paul Menon, Development Commissioner, has approved 8 caller units, unlocking implicit ₹158 crore successful investments crossed the Tamil Nadu, Andaman and Puducherry (TAP) Region. The approvals are acceptable to make much than 2,700 jobs, marking a large propulsion to fortify the region’s concern competitiveness.

The newly-approved investments span captious sectors including renewable energy, IT/ITES, engineering, and precocious manufacturing.

Key highlights

Suzlon Energy Limited volition found a Unit successful Coimbatore with an concern of ₹58 crore, generating 1,010 jobs. IBM India Private Limited volition put ₹54.34 crores successful Indialand Tech Park, KGISL SEZ, Coimbatore, creating 600 skilled positions.

Schneider Electric Systems India Private Limited volition motorboat a caller Unit astatine Gateway Office Parks Private Limited, contributing astir 500 jobs.

In a standout committedness to endowment improvement and sex inclusion, Sanmina Tech Services India Pvt. Ltd. has pledged to grant 100 scholarships nether the MEPZ SEZ Women successful Engineering Scholarship initiative. The programme is designed to promote much women to prosecute mechanical, electrical, and civilian engineering careers—an important measurement toward closing sex gaps successful high-demand method fields.

These approvals underscore MEPZ SEZ’s increasing relation arsenic a catalyst for sustainable concern growth, accomplishment development, and economical empowerment crossed the TAP Region, said a property release.