Tamil Nadu secures Rs 15,516 crore investment during CM Stalin's visit to UK and Germany

MK Stalin

Tamil Nadu has secured Rs 15,516 crore in foreign investments during Chief Minister M.K. Stalin’s official visit to the UK and Germany.

A major highlight of the visit was the signing of an MoU with the UK-based Hinduja Group, which committed Rs 7,500 crore towards EV cell and battery manufacturing, Battery Energy Storage Systems (BESS), and EV charging infrastructure. This investment alone is expected to generate over 1,000 jobs.

Additionally, global pharmaceutical giant AstraZeneca announced a Rs 176 crore expansion of its Global Innovation & Technology Centre (GITC) in Chennai. This marks its third investment in Tamil Nadu in two years and underscores its confidence in the state’s talent pool and leadership.

The UK leg of the visit also yielded Rs 820 crore in investments across sectors such as Global Capability Centres (GCCs), textile tech, manufacturing, and education, expected to create 1,293 jobs.

Prior to visiting the UK, CM Stalin’s delegation secured Rs 7,020 crore from Germany through 26 MoUs. These agreements, spanning aerospace, deep tech, railways, automotive, and electronics, are projected to generate 15,320 jobs.