Tata Electronics to set up a mobile phone components manufacturing plant in Krishnagiri district at an investment of Rs5,763 crore, which will create 18,250 jobs. The Cabinet also cleared the Tamil Nadu government’s new industrial policy, 2021.
The investments are mostly in sectors like electronics, automobile and auto-components, including electric vehicles and solar cell manufacturing, a statement by the state government said.
Tamil Nadu aims to emerge as electronics manufacturing hub
Popularly known as India’s Detroit as it is home to several top automobile brands in the world, Tamil Nadu is now going all out to emerge as the No. 1 hub for electronics manufacturing in the country. The state aims to contribute 25% of India’s total…
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