Tamil Nadu Cabinet approves investment proposals worth ₹34,237 crore

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Tamil Nadu Chief Minister M.K. Stalin chairs the Cabinet gathering  astatine  the Secretariat successful  Chennai connected  February 5, 2026

Tamil Nadu Chief Minister M.K. Stalin chairs the Cabinet gathering astatine the Secretariat successful Chennai connected February 5, 2026 | Photo Credit: Special Arrangement

The Tamil Nadu Cabinet approved 15 proposals entailing a cumulative concern to the tune of ₹34,237.39 crore, Minister for Industries T.R.B. Rajaa said connected Thursday (February 5, 2026) following a gathering of the Tamil Nadu Cabinet chaired by Chief Minister M.K. Stalin astatine the Secretariat successful Chennai.

During the meeting, the Cabinet approved these concern proposals planned successful Chengalpattu, Chennai, Kancheepuram, Karur, Krishnagiri, Perambalur, Namakkal, Ramanathapuram, Ranipet, Thoothukudi, Tiruchi, Tiruppur, Tiruvallur and Tiruvannamalai districts. These proposals are expected to make employment to astir 55,000 people, helium said.

Addressing journalists aft the Cabinet meeting, Mr. Rajaa said the announcement regarding 1 of the large proposals for which Cabinet gave its approval, would beryllium made connected February 13. Referring to the ‘Conversion Conclave’ scheduled connected February 12, the Ministers said galore announcements would beryllium made during the conclave too.

Investment proposals by Kaynes Circuit Limited (printed circuit boards, camera modules), Johnson Electric (BLDC motors, powerfulness cooling motors), were among those approved. “Evervan Kothari Footwear Limited’s connection would springiness employment to astir 25,000 people. We are bringing the Adidas marque to Tamil Nadu,” Mr. Rajaa said.

With an volition to instrumentality the bluish system to the adjacent level and to supply opportunities for fishermen, an inaugural is underway successful shipbuilding, helium said. The Cabinet gave its support done which Chennai Radha Engineering would marque hulls for ships, helium said.

Proposals by Yazaki India Private Limited (auto components), Hyundai expansion, Gensol (manufacture of star cell), among others were besides approved, the Minister said. Mr Stalin and Tata Group president N. Chandrasekaran are scheduled to instrumentality portion successful the inauguration of a car manufacturing works successful Ranipet connected February 9.

Recalling the efforts undertaken by the Tamil Nadu government, Mr. Rajaa said: “In the EV positive luxury segment, this is the large concern received by Tamil Nadu. The car manufacturing works of Jaguar Land Rover (JLR) and Tata Motors, estimated to outgo ₹9,000 crore, volition beryllium the archetypal specified installation successful India to manufacture the luxury models of JLR.”

Published - February 05, 2026 04:04 p.m. IST

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