Larsen & Toubro (L&T) has signed a Rs 18,600 crore Memorandum of Understanding with Tamil Nadu for three major industrial projects in data centres, electronics manufacturing and shipbuilding, marking the first industrial-sector MoU since Chief Minister C. Joseph Vijay’s government took office.
The investments will create 8,200 jobs through three key projects:
| Project | Location | Investment | Jobs |
|---|---|---|---|
| Data Centre Expansion | Kancheepuram district | Rs 15,000 crore | 500 |
| Electronics Manufacturing | Coimbatore | Rs 2,500 crore | 2,000 |
| Shipbuilding Expansion | Kattupalli, Tiruvallur district | Rs 1,100 crore | 5,700 |
The MoU was signed at the Secretariat by L&T Chairman and Managing Director S.N. Subrahmanyan and Chief Minister C. Joseph Vijay, in the presence of Industries Minister S. Keerthana, Chief Secretary M. Saikumar and top officials.
L&T’s investments support Tamil Nadu’s goal of expanding its economy to $1.5 trillion by 2036 through industrial growth, infrastructure development and employment generation.
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