TN signs Rs 1,000-crore MoU with Hitachi Energy for tech expansion

Chennai, Jul 7 (PTI) In a major boost to the state's industrial growth and tech ecosystem, the Tamil Nadu government on Tuesday signed an MoU with Hitachi Energy for a Rs 1,000-crore expansion project. The initiative, to be implemented over the next three to five years, is projected to generate high-quality technology employment for 1,000 professionals in the state, a press release said. The agreement was signed at the state secretariat in the presence of Chief Minister C Joseph Vijay, during an event organised by the Department of Industries, Investment Promotion and Commerce. The Rs 1,000-crore investment will be channelled into two major expansion projects: the technology expansion of Hitachi Group's global technology and innovation centre in Porur, Chennai, and the expansion of Hitachi Energy India's manufacturing facility in Chengalpattu. Through these twin expansion projects, 1,000 high-end technical jobs will be created, offering premium career opportunities for engineering and technology professionals in the state. The MoU signing ceremony was attended by several dignitaries and senior government officials, among them Industries Minister S Keerthana and Chief Secretary Dr M Saikumar. Senior government officials and representatives from the Hitachi Group were present on the occasion. PTI SNR SSK