Chief Minister MK Stalin of Tamil Nadu, along with his team, has been actively engaging with prominent American companies across various sectors to boost investments in the state, known for its robust automobile and auto component industries.
Today, Stalin and his team held discussions with Ford Motor Co., exploring the potential to renew the longstanding partnership between Ford and Tamil Nadu. Stalin tweeted, “Had a very engaging discussion with the team from @Ford Motors! Explored the feasibility of renewing Ford’s three-decade partnership with Tamil Nadu, to again make in Tamil Nadu for the world!”
On September 10, the Tamil Nadu government signed a Memorandum of Understanding (MoU) with Autodesk, a leading software company with a strong foothold in the automotive sector. This MoU aims to enhance youth skills, support MSMEs and startups, and bolster the state’s industrial ecosystem. The same day, a Rs 666 crore investment MoU was signed with Rockwell Automation for expanding its electronics manufacturing operations in Kanchipuram.
Earlier, on September 6 in Chicago, Tamil Nadu signed three MoUs with a combined investment of Rs 850 crore. These agreements include Visteon’s plan to set up electronics manufacturing units in Chennai and Coimbatore, Lincoln Electric’s Rs 500 crore expansion of its R&D manufacturing facility in Chengalpattu, and Vishay Precision’s contributions to automotive safety testing. Additionally, an MoU with Eaton for a Rs 200 crore investment will see the expansion of Eaton’s manufacturing facility in Chennai and the establishment of a global R&D application engineering center.
On September 4 in San Francisco, Tamil Nadu signed an MoU with Ohmium for a proposed Rs 400 crore investment in Chengalpattu, which will create 500 jobs. Ohmium specializes in green hydrogen production through scalable proton exchange membrane electrolyzers, supporting sustainable transportation solutions.
