3 MoUs signed by the TN Government now, many to get jobs
Posted on: 22/Feb/2020 9:45:11 AM
Over 10,000 youngsters in TN could get jobs!!
The news is government of TN has signed three Memoranda of Understanding or MoU of Rs 1254 crores.
It must be noted that the 3 MoU’s were signed at the inaugural function of the Diplomatic Outreach Event to discuss the economic and investment opportunities.
An amount of Rs 500 crores deal was signed with Korea based Hanon Automative Systems and Rs 504 crores worth deal was signed with Japan based Mitsuba Sical. The state government also signed MoU of Rs 2590 crores with JOGO Health of USA.
The industrial department sources have pointed out that these three MoU’s would provide jobs to more than 10,000 persons. It is worthy to note that Mitsuba Sical would have its plant in SIPCOT, Gummidipoondi and Hanon automotive systems would have its plant near Kancheepuram. It is said that the sight for JOGO Health has been under consideration. It must be remembered that the chief minister of TN Mr. E. Palaniswami visited USA and JGO Health authorities agreed to invest in TN.
The chief mister also laid the foundation stone for Polymer Industries Park to be set up at a cost of Rs 217 crores in Thiruvallur.
