Chennai, June 4 (APAC Media): Larsen & Toubro (L&T) has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government to invest Rs 18,600 crore across data centres, electronics manufacturing, and shipbuilding infrastructure projects in the state.
The agreement, signed at the Secretariat in the presence of Chief Minister C. Joseph Vijay, marks the first major industrial investment commitment secured by the state government since it assumed office.
The signing ceremony was attended by Industries Minister S. Keerthana, Chief Secretary M. Saikumar, Industries Secretary Vijay Kumar, Guidance Executive Director Alarmel Mangai, and L&T Chairman and Managing Director S. N. Subrahmanyan.
Investments Across Key Sectors
As part of the investment package, L&T will invest Rs 15,000 crore to expand its data centre operations in Kancheepuram district. The project is aimed at meeting the growing demand for cloud computing, artificial intelligence applications, and data storage infrastructure.
The company will also establish an electronics and electronic systems manufacturing facility in Coimbatore with an investment of Rs 2,500 crore. The project is expected to generate around 2,000 jobs and further strengthen Tamil Nadu’s manufacturing ecosystem.
In addition, L&T has committed Rs 1,100 crore towards expanding its shipbuilding facility at Kattupalli in Tiruvallur district.
8200 Jobs To Be Created
The three projects are expected to create approximately 8200 jobs opportunities across the state.
According to officials, the expansion of the Kattupalli shipbuilding complex will enhance Tamil Nadu’s capabilities in maritime infrastructure and support its growing role in the offshore wind energy supply chain.
The investments are expected to contribute significantly to industrial development, infrastructure creation, and job generation, while supporting Tamil Nadu’s ambition of expanding its economy to $1.5 trillion by 2036.
