TP Solar, established at an estimated cost Rs 3,800 crore at Gangaikondan SIPCOT industrial estate in the district was inaugurated by Tamil Nadu Chief Minister M K Stalin on Thursday.
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Also, he laid the foundation stone for Vikram Solar's 3 GW solar cell and 6 GW module manufacturing plant to be set up at a cost of Rs 2,574 crore at another event in the district.
The TP Solar, a subsidiary of the Tata Group, would ensure employment to 4,000 persons, while the Vikram Solar would provide jobs to 2,500 people. A majority of the jobs are offered to women, the government said.
Tamil Nadu is the second largest economy in India and a leading state in manufacturing and exports in various sectors. It was noteworthy that the Economic Survey for 2024-25 has lauded the Tamil Nadu government for its excellent performance in attracting investments and generating a large number of jobs, especially for women, a release said.
«The Tamil Nadu government is taking various special initiatives to attract the necessary investments to create a large number of jobs for the youth and to grow the state economy to one trillion US dollars by 2030,» the release added.
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