US-based Ohmium International, Inc. is set to invest ₹400 crore in Tamil Nadu to establish a new manufacturing facility, Chief Minister M.K. Stalin announced on Sunday. The announcement was made during a Memorandum of Understanding (MoU) signing between Ohmium and the Tamil Nadu government.
The event, held in the presence of Minister for Industries T.R.B. Rajaa and senior officials, confirmed that the facility will be located in the Chengalpattu district. “Another successful day in San Francisco. We have secured a ₹400 crore investment from Ohmium in Chengalpattu district, creating 500 jobs,” Chief Minister Stalin stated.
The Chief Minister is currently on a visit to the United States to attract investments to Tamil Nadu. He emphasized that this agreement with Ohmium International represents a significant advancement in promoting green energy production and fostering a sustainable future.
Ohmium International specializes in designing and manufacturing modular, scalable Proton Exchange Membrane (PEM) electrolyzers, which are crucial for cost-effective green hydrogen production. The company’s products support various industries in achieving their sustainable energy objectives.
Ohmium International operates globally and has existing manufacturing facilities in India. In 2023, the company secured $250 million in Series C funding, led by TPG Rise Climate, according to its website. The company is a prominent player in the field of clean energy technology, specializing in advanced hydrogen solutions.
The company focuses on designing and manufacturing proton exchange membrane (PEM) electrolyzers, which are key components in the production of green hydrogen. This technology is crucial for enabling sustainable energy systems by converting water into hydrogen and oxygen using renewable energy sources.
Headquartered in the United States, Ohmium International is committed to accelerating the global transition to clean energy by providing scalable and efficient hydrogen production solutions. The company’s innovative approach aims to support industries in reducing their carbon footprints and achieving their sustainability goals, positioning it as a key contributor to the future of renewable energy.
