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Home Breaking News

MEPZ SEZ clears ₹158-cr investments, adds 2,700 new jobs

by NavJeevan
4 months ago
in Breaking News, Business, chennai, Companies, MSMEs, National
Reading Time: 2 mins read
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MEPZ SEZ clears ₹158-cr investments, adds 2,700 new jobs
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R ARIVANANTHAM
CHENNAI, NOV 17

In a strong boost to industrial expansion in the Tamil Nadu, Andaman & Puducherry (TAP) region, the Unit Approval Committee (UAC) of the MEPZ Special Economic Zone has cleared eight new units, unlocking fresh investments worth ₹158 crore and generating more than 2,700 jobs. The approvals were granted at the UAC meeting chaired by Alex Paul Menon, Development Commissioner, MEPZ SEZ.

The new units mark significant momentum in high-growth sectors such as renewable energy, IT/ITES, engineering solutions and advanced manufacturing — signalling renewed investor confidence in the region’s economic prospects.

  • Eight new units approved across Tamil Nadu, Andaman & Puducherry Region
  • Major expansion in renewable energy, IT–ITES, engineering and advanced manufacturing
  • Women-in-Engineering push with 100 new scholarships announced

Key Investments Cleared

  • Suzlon Energy Ltd, Coimbatore – ₹58 crore investment; 1,010 jobs in renewable energy manufacturing and services.
  • IBM India Pvt Ltd, Indialand Tech Park, KGISL SEZ, Coimbatore – ₹54.34 crore investment; 600 high-skilled tech jobs.
  • Schneider Electric Systems India Pvt Ltd, Gateway Office Parks – ~500 jobs in engineering and digital automation solutions.

A strong cluster of new approvals across manufacturing, technology and services is expected to enhance the region’s global competitiveness while strengthening supply chains aligned with the government’s Make in India and export-promotion priorities.

Women in Engineering Push

In a major stride toward gender inclusion and talent development, Sanmina Tech Services India Pvt Ltd announced 100 scholarships under the “MEPZ SEZ Women in Engineering Scholarship” programme.
The initiative aims to encourage women to pursue mechanical, electrical and civil engineering, sectors where female participation remains comparatively low. The scheme is designed to expand opportunities for young women from diverse backgrounds and support the creation of a future-ready talent pool.

Driving Regional Growth

Officials noted that the comprehensive mix of investments — from global tech giants to renewable energy leaders — highlights MEPZ SEZ’s role as a major catalyst for sustainable industrial growth, employment generation and skill development in the TAP region.

With these approvals, MEPZ SEZ continues to strengthen its position as one of the most active and investment-friendly zones in southern India, contributing significantly to exports, job creation and ecosystem development.

Tags: 2700 new jobsMEPZ SEZ₹158-cr investments
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