TN CM MK Stalin signs MOUs for Rs 2000 crores with Trilliant for establishment of manufacturing unit

New Delhi [India], September 5 (ANI): Tamil Nadu Chief Minister MK Stalin on Thursday secured a Rs 2000 crore Memorandum of Understanding (MoU) with Trilliant to establish a manufacturing unit as well as create their Development and Global Support Centre in Tamil Nadu.

“Exciting developments in Chicago! Secured a Rs2000 crore MoU with Trilliant to establish a manufacturing unit as well as their Development & Global Support Centre in Tamil Nadu. Thanks to Trilliant for this valuable partnership,” Stalin said in a social media post in X.

Stalin further stated that he also held productive talks with Nike on its expansion for footwear production in Chennai as well as engaged with healthcare firm Optum for creating a talent pipeline in the same sector in the state.

“Had productive talks with Nike on expanding its footwear production and the potential for a product creation/design centre in Chennai. Also engaged with Optum, which already employs 5,000 people in Tamil Nadu and plans to build the talent pipeline for the healthcare sector. Requested them to consider expanding their operations in Trichy and Madurai. Momentum is strong,” he added.

Earlier on Wednesday, Stalin signed MOUs with Eaton, a multinational power management company, for Rs 200 crore R&D and engineering centre expansion in Chennai.

MK Stalin, taking to X, informed that these MOUs will help in creating 500 jobs and that the government has secured a pact with Assurant, a risk management solutions provider, to set up the first Global Capability Centre.

“Exchanged MoUs with Eaton for a Rs200 crore R&D and engineering centre expansion in Chennai, creating 500 jobs. Also secured Assurant’s first Global Capability Centre in India, coming soon to Chennai,” CM Stalin posted on X.

Stalin is currently on an official visit to the United States to secure support and investments aimed at boosting the prosperity of the state.

On August 31, 2024, an agreement was signed with Ohmium for the establishment of a new factory in the Chengalpattu district for producing electrolysers and green hydrogen, with an investment of Rs 400 crores and creating 500 job opportunities.

Stalin said that the deal marked an important step in nurturing the ecosystem for green energy production and fuelling a sustainable future.

In a post on X, he said, “Another successful day in San Francisco! We’ve secured a Rs 400 crore investment from Ohmium in Chengalpattu district, creating 500 jobs. This marks a significant step in nurturing the ecosystem for green energy production and fuelling a sustainable future!”

On August 30, 2024, meetings were held with senior officials from Apple, Google, and Microsoft to invite them to invest in Tamil Nadu, and an MoU was signed with Google to set up artificial intelligence (AI) labs in Tamil Nadu.

During the Tamil Nadu CM’s US visit, on August 29, 2024, at an investors’ conference held in San Francisco, MoUs were signed with six leading global companies–Nokia, PayPal, Yield Engineering Services, Microchip, Infinx Healthcare, and Applied Materials–for an investment of Rs 900 crores to create 4,100 job opportunities.