The Government of Tamil Nadu has invested Rs. 2847 crores through single window clearances without signing any Memorandum of Understanding (MoU).
The projects that have been approved by the government include HCL, Eicher Motors, Britannia, and Saint Gobain. Ms. Estancia IT SEZ Park Pvt. Ltd. is expected to invest Rs. 800 crores and employ more than 6000 employees. The projects are expected to employ more than Rs. 18,500 people.
These projects were earlier Non MoU projects that were handled by Guidance bureau through single window facilitation. 18 companies have been given approval till now and many of them have begun investing in the property. Most of the investments are in the automobile and food sector. Many projects will be located in Chennai and Kanchipuram districts. Eicher Motors is building two projects: one in SIPCOT, Sriperumbudur and the second one is expected to come up in Sholinganallur. Each plant is expected to employ 1000 people each.