Samsung to make further investments, says T.N. Minister


South Korean major Samsung Electronics will be making an additional investment of ₹1,000 crore in its existing plant at Sriperumbudur, near Chennai.

Tamil Nadu’s Industries Minister, T.R.B. Rajaa posted a message on X which said: “Samsung to make an additional investment of ₹1,000 crore in existing facility in Sriperumbudur, creating 100 more jobs, reinforcing their faith in the labour force of Tamil Nadu.”

Later in the evening, the Minister held a press meet where he indicated that Tamil Nadu is heading fast towards achieving the $1 trillion economy dream. Sharing details on the DMK government’s first Global Investors Meet that was held in January 2024, he said that the conversion rates have been good, and it has touched over 70%. “There is a demand for creating a cluster of industries at a single location,” he said.



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Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.

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