Latest Project Updates
Rs.2500 Million New Electric Vehicles Mfg. Unit in Krishnagiri, Tamil Nadu
Executive Summary: A new electric vehicle, battery and motor manufacturing unit is under pre-project activities in Krishnagiri, Tamil Nadu. The greenfield unit will spread over 40,000 sq. m and expected to begin production in 2H23. The project is estimated to cost Rs. 2500 million.
Rs.5000 Million New Toy Making Unit in Hosur, Tamil Nadu
Executive Summary: A toy manufacturing project is being planned by Micro Plastics Pvt Ltd in Hosur, Tamil Nadu, with an estimated cost of Rs. 5,000 million. Pre-project activities are underway as of May 2022, and the company has signed an MoU for the project with an updated investment of Rs. 8,620 million as of July 2022.
Rs.22850 Million New Missile and Launch System Manufacturing Plant in Krishnagiri, Tamil Nadu
Executive Summary: A new missile and launch system manufacturing plant will be set up in Tamil Nadu with an estimated cost of Rs. 22,850 million. The project aligns with the 'Make in India' initiative and aims to boost the domestic defense industry while generating employment opportunities. The company has signed an MoU for the project, and further details on production commencement are yet to be announced.
Rs.14480 Million New Data Centre in Chennai, Tamil Nadu
Executive Summary: A new data center project is being planned in Ambattur, Chennai, Tamil Nadu with an estimated cost of Rs. 14480 million. As of July 2022, the company has laid the foundation stone for the project.
Rs.6000 Million New Plyboard Mfg. Plant in Thoothukudi, Tamil Nadu
Executive Summary: A new plywood manufacturing plant is planned to be established in Thoothukudi, Tamil Nadu with an estimated cost of Rs. 6,000 million. Century Plyboards has signed an MoU for the project as of July 2022. The project aims to increase the production capacity of plywood and cater to the growing demand in the region.
Rs.6500 Million New Wind Turbine Motors Mfg. Unit in Krishnagiri, Tamil Nadu
Executive Summary: A company plans to establish a wind turbine motor manufacturing unit in Krishnagiri, Tamil Nadu, at an estimated cost of Rs. 6,500 million. The company has signed an MoU for the project in July 2022.
Rs.30000 Million New Solar PV Mfg. Plant in Tamil Nadu
Executive Summary: A major power company plans to establish a 4 GW solar PV manufacturing plant in Tamil Nadu at an estimated cost of Rs. 30000 million. The project is in its pre-project phase as of Nov 2021, and a MoU was signed in July 2022. The plant aims to manufacture high-quality solar modules, inverters and create job opportunities.
Rs.300000 Million New Green Hydrogen Mfg. Unit in Tamil Nadu
Executive Summary: A renewable energy company plans to establish a green hydrogen manufacturing unit in Tamil Nadu with an estimated cost of Rs.300000 million. The project will produce green hydrogen using renewable energy sources, creating job opportunities and contributing to the economy. The company has signed an MoU for the project in July 2022.
Rs.55000 Million New Data Centre in Chennai, Tamil Nadu
Executive Summary: A new state-of-the-art data centre is set to be established in Chennai, Tamil Nadu, at an estimated cost of Rs.55,000 million. The project was initiated by a subsidiary of Brookfield Asset Management, which signed an MoU for the same in July 2022. The data centre is expected to offer cloud services, data storage, and management services to customers in the region, and also create employment opportunities.
Rs.25000 Million New Data Centre in Chennai, Tamil Nadu
Executive Summary: A provider of ICT solutions plans to build a new data centre in Chennai to meet growing demand for data storage. The Rs.25000 millon project has a MOU signed in July 2022, offering cloud services and creating employment opportunities. The company aims to complete it within the estimated timeframe.