Latest news with #TamilNaduGlobalInvestorsMeet2024
New Indian Express
a day ago
- Business
- New Indian Express
77% of investment MoUs turned into projects: Industries Minister TRB Rajaa
CHENNAI: Industries Minister TRB Rajaa on Thursday said Tamil Nadu has reported that 77% of the MoUs the state signed for investments since 2021 have translated into projects on the ground. The state has signed MoUs worth Rs 10.82 lakh crore in the last four years. 'We crossed the 75% mark that the chief minister wanted us to achieve. We have now reached 77%,' Rajaa told reporters. According to him, around 80% of the 631 agreements signed at the Tamil Nadu Global Investors Meet 2024 are under implementation. 'We are not slowing down; in fact, we are shifting gears to move faster,' he said. Following the recent Thoothukudi investors' conclave, the government has scheduled two more zonal meets — in Hosur on September 11 and in Coimbatore, for which date is to be finalised.
Indian Express
08-07-2025
- Automotive
- Indian Express
IIT Madras, Hyundai announce Rs 180 Crore hydrogen innovation hub for green energy research
The Indian Institute of Technology Madras (IIT Madras) and Hyundai Motor India Limited (HMIL), in collaboration with Guidance Tamil Nadu (the nodal investment promotion agency of the state government), have established the design of the Hyundai HTWO Innovation Centre. The centre will be located at IIT Madras' Discovery Campus in Thaiyur and is scheduled to become operational by 2026. IIT-Madras scholarships for engineering students, list and eligibility here The initiative is part of a collaboration signed during the Tamil Nadu Global Investors Meet 2024. HMIL and the Hyundai Motor India Foundation (HMIF) have jointly committed Rs 100 crore to this facility, contributing to a total project cost of Rs 180 crore. The centre will cover an area of 65,000 sqft and is supported by the Government of Tamil Nadu, as stated in the press release. The facility will have advanced experimental and computational laboratories for green hydrogen research. It will house digital twin simulations of hydrogen infrastructure, test rigs, fabrication lines, and containerised pilot zones to evaluate electrolyzers and fuel cells at an industrial scale. IIT Madras will oversee the development and operation of the centre, as mentioned in the release. IIT-Madras Zanzibar introduces new BS programme in Chemical Process Engineering The project is being jointly driven by Hyundai's HTWO brand, IIT Madras faculty, and key government partners. The launch event was attended by officials from Hyundai, IIT Madras, CSIR-NCL, the Korean Consulate, and other stakeholders from academia, industry, and government. IIT Madras Director Prof. V. Kamakoti noted that the centre would serve as a platform for collaboration across academia, research labs, industry, and policy sectors. Meanwhile, the Institute has expanded the number of courses being offered through its 'School Connect' Program. While two courses, Data Science and Artificial Intelligence and Electronic Systems, were offered earlier, the programme now includes 10 online hands-on certificate courses for Class 10, 11 and 12 students from schools all over the country. These courses will be for a duration of eight weeks. Registration for the August 2025 batch is underway, and schools can register and enrol their students at by July 25.
