Tamil Nadu-L&T Rs 18,600 Crore MoU for Three Projects
Why in the news
The Tamil Nadu Government agreed an investment deal with Larsen & Toubro worth Rs 18,600 crore, to be spread over three large projects.
Key facts
- Parties: Government of Tamil Nadu and Larsen & Toubro, through an MoU.
- Total value: Rs 18,600 crore.
- Expected outcome: thousands of jobs and a stronger industrial ecosystem in the state.
Projects covered
| Project | Location |
|---|---|
| Data centre expansion | Kancheepuram |
| Electronics manufacturing facility (new) | Coimbatore |
| Kattupalli shipyard expansion | Tiruvallur district |
Exam angle
- Know the three locations: Kancheepuram, Coimbatore and Tiruvallur.
- Instrument: Memorandum of Understanding; amount: Rs 18,600 crore.