Politics

Vijay Government Accelerates Processing of Rs 1.14 Trillion Investment Proposals Received Since May

Published On Sat, 14 Nov 2026
Asian Horizon Network
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Tamil Nadu has attracted investment commitments worth ₹1.14 trillion through 112 MoUs since Chief Minister C Joseph Vijay assumed office in May, with the projects expected to generate 132,771 jobs. Of these agreements, 83 have advanced to the land allotment stage or beyond. To accelerate project implementation, the state government has convened the first meeting of the Tamil Nadu Investment Promotion Commission (TNIPC), established on November 3, 2026. The Commission will prioritise major investments worth ₹200 crore or more, projects generating at least 5,000 jobs, and proposals requiring coordination across government departments. The government also reported that MoU implementation has reached 74.11 per cent. Meanwhile, 19,323 of the 21,753 applications received through the Single Window Portal have been processed. Tamil Nadu is also preparing its New Industrial Policy 2027 as part of its ambition to become a $1.5 trillion economy by 2036.

Disclaimer: This image is taken from PTI.