The Economic Times

Tamil Nadu signs MoUs for Rs 5900 crore investment in semiconductor, aerospace sectors

Tamil Nadu has secured significant investments totaling Rs 5,980 crore. Japanese firm MinebeaMitsumi will invest Rs 1,980 crore for a semiconductor manufacturing and R&D center. Bengaluru-based Aequs Group will invest Rs 4,000 crore to boost aerospace manufacturing. These projects are set to create 8,400 jobs, strengthening Tamil Nadu's industrial leadership and providing opportunities for youth and women.