Tamil Nadu CM Stalin Secures Major Investments in US, Boosting State's Growth

Tamil Nadu Chief Minister MK Stalin has successfully secured significant investments from various US-based companies during his official visit. These deals include advancements in AI, footwear production, healthcare, and green energy, aiming to foster economic growth and create employment opportunities in the state.

In a significant development, Tamil Nadu Chief Minister MK Stalin announced fruitful discussions with officials from BNY Mellon regarding potential AI investment opportunities. Taking to social media platform 'X', Stalin emphasized the transformative power of AI, urging for a future embraced through technology.

Stalin, on his official visit to the United States, is actively seeking support and investments to drive the state's prosperity. He revealed that memoranda of understanding (MOUs) worth Rs 850 crore have been secured with US-based firms Lincoln Electric, Vishay Precision, and Visteon, moving closer to the state's vision of economic growth.

Adding to the string of achievements, Tamil Nadu secured a Rs 2000 crore MOU with Trilliant for a manufacturing unit and a Development & Global Support Centre. Productive talks were also held with Nike for footwear production expansion in Chennai and Optum for a healthcare talent pipeline. Steady progress has been marked with investments from Eaton, Assurant, and Ohmium, targeting green energy production and job creation. Further meetings with Apple, Google, and Microsoft aim to bolster AI initiatives in the state.

(With inputs from agencies.)