97 MoUs worth over ₹67,542 crore signed at TVK government’s first investment conclave in Tamil Nadu
The Ramanathapuram region gets its first big investment of ₹1,000 crore from the Phoenix Kothari Group
On Thursday, August 13, 2026, the Tamilaga Vettri Kazhagam-led coalition government in Tamil Nadu held its first major investment conclave, 'Vettri Tamil Nadu Investment Conclave 2026', in Chennai. In the presence of key government officials, the conclave saw the signing of 97 Memorandums of Understanding (MoUs) worth over ₹67,542 crore.
Guidance, the nodal agency, facilitated these deals, and Chief Minister C. Jospeh Vijay, Industries Minister S. Keerthana, and other officials were present. Gudiance, the investment promotion agency, announced that the cumulative investment commitments in the first 100 days of the government would surpass ₹1 lakh crore, generating more than 1.2 lakh job opportunities, averaging ₹1,000 crore committed capital per day since their government's inception.
Written by urgent.news from The Hindu's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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