Tamil Nadu Attracts ₹12.16 Lakh Crore Investment Commitments Since 2021

2 min read     Updated on 04 Jan 2026, 12:27 PM
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Overview

Tamil Nadu has attracted investment commitments worth ₹12.16 lakh crore since 2021 through over 1,176 MoUs with corporates, with 80% under execution. The state launched new policies in space, maritime manufacturing, and toy manufacturing while expanding SIPCOT parks. These investments, mobilized through Global Investors Meet 2024 and international roadshows, are expected to generate over 36.4 lakh jobs across emerging sectors like blue economy, electric vehicles, and aerospace.

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*this image is generated using AI for illustrative purposes only.

Tamil Nadu has emerged as a major investment destination, securing commitments worth ₹12.16 lakh crore since 2021 through strategic policy initiatives and focused execution efforts. State Industries Minister TRB Rajaa announced that the government has signed over 1,176 memoranda of understanding (MoUs) with corporates, with approximately 80% of these agreements currently under various stages of execution.

Investment Performance and Execution Focus

The state's investment attraction strategy has yielded significant results, as detailed in the following performance metrics:

Parameter: Details
Total MoUs Signed: Over 1,176
Investment Commitments: ₹12.16 lakh crore
Execution Rate: Nearly 80%
Employment Potential: Over 36.4 lakh jobs
Job Categories: Direct and indirect

Minister Rajaa emphasized that the Industries department has prioritized investment commitments made by corporates, ensuring that the majority of signed MoUs progress beyond the agreement stage. This execution-focused approach reflects the state's commitment to converting investment promises into tangible industrial development.

Strategic Policy Initiatives and Sector Expansion

In 2025, the Industries department launched comprehensive policy frameworks targeting emerging sectors. The state introduced major new policies in space technology, maritime manufacturing, and toy manufacturing, positioning Tamil Nadu at the forefront of next-generation industries. Simultaneously, the government has been rapidly expanding State Industries Promotion Corporation of Tamil Nadu (SIPCOT) parks across multiple districts to accommodate growing industrial demand.

The state has placed strong emphasis on developing new segments that align with future economic trends:

  • Blue economy initiatives
  • Advanced electronics manufacturing
  • Electric vehicle production
  • Renewable energy projects
  • Aerospace and defence manufacturing

Investment Mobilization and Global Outreach

These substantial investment commitments have been mobilized through multiple strategic channels. The Global Investors Meet held in 2024 served as a primary platform for attracting large-scale investments, complemented by regional investment conclaves and international roadshows conducted by the Industries department. This multi-pronged approach has enabled Tamil Nadu to maintain consistent engagement with both domestic and international investors.

Employment Generation and Regional Development

The ₹12.16 lakh crore investment pipeline is expected to generate over 36.4 lakh jobs, encompassing both direct and indirect employment opportunities. The state has aligned its skilling initiatives with industry requirements to ensure job creation supports balanced regional growth across Tamil Nadu. This strategic alignment between investment attraction and workforce development demonstrates the government's comprehensive approach to industrial development.

Minister Rajaa noted that these investment commitments underscore sustained domestic and global investor confidence in the state's stable leadership, strong governance, and execution-focused industrial ecosystem. The high execution rate of nearly 80% for signed MoUs reinforces Tamil Nadu's reputation as a reliable investment destination that delivers on its commitments to industrial partners.

Historical Stock Returns for Tamil Nadu Newsprint & Papers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.84%-1.55%+0.46%-23.92%-27.07%+8.97%
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TNPL Appoints Sriganesh Padmanabhan as Additional Independent Director

2 min read     Updated on 23 Dec 2025, 04:17 PM
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Overview

Tamil Nadu Newsprint & Papers Limited has appointed Thiru Sriganesh Padmanabhan as Additional Independent Director for a three-year term, effective December 23, 2025. Padmanabhan, a 58-year-old Chartered Accountant with 25 years of experience in auditing and consultancy, will serve until December 22, 2028, subject to shareholder approval. The company has initiated a postal ballot process with e-voting facilities for shareholders to approve the appointment.

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*this image is generated using AI for illustrative purposes only.

Tamil Nadu Newsprint & Papers Limited has announced the appointment of Thiru Sriganesh Padmanabhan as Additional Independent Director on its Board of Directors. The appointment was approved through Circular Resolution No. 216 on December 23, 2025, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Appointment Details

The Board has appointed Thiru Sriganesh Padmanabhan (DIN: 01861673) as Additional Independent Director for a term of three consecutive years. The appointment details are as follows:

Parameter Details
Director Name Thiru Sriganesh Padmanabhan
DIN 01861673
Position Additional Independent Director
Term Duration 3 consecutive years
Effective Date December 23, 2025
Term End Date December 22, 2028
Status Subject to shareholder approval

Director Profile and Qualifications

Thiru Sriganesh Padmanabhan brings substantial professional experience to the Board. His profile highlights include:

Attribute Details
Age 58 years (Born May 18, 1967)
Educational Qualification Fellow Member, Institute of Chartered Accountants of India (FCA)
Professional Experience 25 years in auditing and consultancy
Shareholding in TNPL Nil
Inter-se Relationship No relationship with other Directors

The company has confirmed that the newly appointed director is not debarred from holding office by SEBI or any other authority and is not disqualified under Section 164 of the Companies Act, 2013.

Postal Ballot Process

To formalize the appointment, Tamil Nadu Newsprint & Papers Limited has initiated a postal ballot process to seek shareholder approval. The key details of the voting process include:

  • Cut-off Date: Friday, December 26, 2025
  • Scrutinizer: Thiru R Sridharan (ICSI Membership CP No. 3239 - FCS No. 4775) of M/s. R Sridharan Associates, Company Secretaries
  • E-voting Facility: Provided by Central Depository Services (India) Limited (CDSL)
  • Purpose: Seeking consent for appointment of Thiru Sriganesh Padmanabhan as Independent Director

The postal ballot will enable all eligible shareholders to vote on the proposed resolution for the director's appointment through a remote e-voting process, ensuring fair and transparent conduct of the approval process.

Regulatory Compliance

The appointment and subsequent postal ballot process demonstrate Tamil Nadu Newsprint & Papers Limited's commitment to regulatory compliance and corporate governance standards. The company has fulfilled all disclosure requirements under SEBI regulations and ensured proper verification of the director's eligibility and qualifications before proceeding with the appointment process.

Historical Stock Returns for Tamil Nadu Newsprint & Papers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.84%-1.55%+0.46%-23.92%-27.07%+8.97%
Tamil Nadu Newsprint & Papers
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