Tamil Nadu Secures ₹5,980 Crore Investments in Electronics and Aerospace
Tamil Nadu has signed investment agreements worth ₹5,980 crore to strengthen its advanced manufacturing ecosystem across electronics and aerospace. Industries Minister T R B Rajaa said the projects will generate around 8,400 jobs and reinforce the state’s position in global supply chains. The announcements were made in the presence of Chief Minister M K Stalin, underscoring the government’s push to attract high-value, technology-driven industries.
Japan-based MinebeaMitsumi has committed ₹1,980 crore to set up operations in Tiruvallur district through an MoU facilitated by Guidance Tamil Nadu. The project is expected to create about 1,400 high-end jobs and enhance the state’s precision engineering capabilities. MinebeaMitsumi manufactures semiconductors, motors, sensors, battery management systems and other electronic components for global automotive and industrial markets.
In a separate agreement, Aequs Group will invest ₹4,000 crore to establish what is described as India’s first fully vertically integrated aircraft engine manufacturing facility. The project will be developed over 250 acres at SIPCOT in Shoolagiri, Krishnagiri district, and is projected to generate around 7,000 jobs. The Aerospace and Defence Park will manufacture aircraft engine and gearbox components, aiming to anchor a domestic aero-engine ecosystem while boosting exports and regional industrial growth.
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