TN Rising Summit in Madurai sees 91 MoUs, Stalin says focus is on uniform growth


Chief Minister MK Stalin on Sunday (December 7, 2025) underlined the Tamil Nadu Authorities’s dedication to uniform and regionally balanced growth, saying that the State has attracted ₹11.38 lakh crore in dedicated investments over the previous 4 years, creating 34 lakh jobs.

Talking on the TN Rising Summit in Madurai, he stated the conclave had resulted within the signing of 91 MoUs entailing a cumulative funding of ₹36,660 crore, marking a serious step within the authorities’s plan to speed up industrial progress within the southern districts.

Highlighting the deal with balanced growth, Mr. Stalin stated, “Our effort to rework the Madurai area into an industrial hub by means of the creation of 56,766 new jobs is a part of our promise of making certain uniform growth throughout the State-dispersed growth in each district.”

He famous that attracting funding required greater than political enchantment from the Chief Minister. “Traders look at insurance policies, human useful resource expertise, infrastructure, regulation and order, administrative effectivity, and long-term stability earlier than selecting a location. I take delight in Tamil Nadu turning into their first selection,” he stated.

Mr. Stalin stated his authorities has taken a number of initiatives to deliver the southern area on par with different areas by way of industrial progress. Among the many main tasks, he highlighted the PM MITRA Built-in Textile Park developing in Virudhunagar district, developed collectively with the Union Authorities at a value of ₹1,894 crore over 1,052 acres. As soon as purposeful, the park is predicted to generate almost one lakh jobs and modernize the State’s textile sector.

He additionally listed a collection of ongoing and upcoming initiatives within the area: a standard engineering park and a mega meals park in Theni district; allotment of land for industrial parks in Sivaganga — 108 acres in Iluppaikudi and 102 acres in Kazhanivasal; and a ₹314-crore TIDEL Park in Madurai, and TIDEL NEO parks in Sivaganga, Virudhunagar, Tirunelveli, and Kanniyakumari. Moreover, an airport has been proposed in Ramanathapuram.

He added that earlier buyers’ conferences in Thoothukudi, Hosur, and Coimbatore had collectively secured almost ₹1 lakh crore in assured investments, whereas the Madurai convention alone had attracted 186 tasks throughout sectors together with shipbuilding, electronics, meals processing, and non-leather footwear.

Among the many tasks highlighted was the Taiwanese firm Pei Hai, which is establishing a non-leather footwear manufacturing unit within the upcoming SIPCOT Industrial Park in Madurai, producing 15,000 jobs, with precedence for native girls staff.

He additionally famous that the MoU signed with Hyundai for a shipbuilding undertaking in Thoothukudi has positioned Tamil Nadu on the forefront of the sector.

Within the training sector, Mr. Stalin introduced the institution of the Tamil Nadu College Analysis Park Basis to strengthen trade–academia collaboration. Within the Madurai area, a College Analysis Park is being developed in partnership with Madurai Kamaraj College and different establishments, with ₹13 crore as preliminary funding and ₹2.25 crore allotted for utilized analysis grants.

Throughout the summit, the Chief Minister additionally launched the Madurai Grasp Plan 2044, ready by the Directorate of City and Nation Planning for a projected inhabitants of 42 lakh.

Ministers Thangam Thenarasu (Finance), T.RB. Rajaa (Industries), KN Nehru (Municipal Administration), EV Velu (Public Works), KKSSR Ramachandran (Income and Catastrophe Administration), KR Periakaruppan (Cooperation), RS Rajakannappan (Forests), P. Moorthy (Industrial Taxes and Registration), Palanivel Thiaga Rajan (Info Know-how and Digital Providers), Madurai MP Su. Venkatesan, amongst others, participated.

Revealed – December 07, 2025 03:41 pm IST