CM Stalin lays foundation stone for 71 projects at an investment of Rs 36,968 crore

The Chief Minister, MK Stalin, on Thursday laid the foundation stone for 71 new projects at the Conversion Conclave event.

The new industries have committed an investment of Rs 36,968 crore and offer jobs to 60,823 people.

The projects were spread over several districts, including Ramanathapuram, Tiruchy, Thoothukudi, Villupuram, Dharmapuri, Ranipet, Tirupattur, Coimbatore, Namakkal, and Erode, among others.

The 52 completed projects commissioned by the Chief Minister involved an investment of Rs 31,934 crore and would offer 82,664 jobs, while the two MoUs signed in his presence have attracted Rs 5,000 crore investment and offer jobs to 5,000 people.

In a statement, the government said Stalin laid the foundation stone for Printed Circuit Boards (PCBs), HDI PCB and Flexible PCB manufacturing facilities to be set up by Kaynes Technologies in the Thoothukudi district, for which the MoU was signed at the Investors Meet held in Thoothukudi.

This facility would make Thoothukudi a major hub for electronic manufacturing, the release said.