State Attracts Karnataka Firms to Invest in Hosur

IO_AdminAfrica7 hours ago12 Views

Quick Summary

  • Tamil nadu will host the T.N. Rising Hosur Investors Summit on September 11, 2025, aiming to finalize major investment deals.
  • Investments worth several crores are set to be secured, including significant contributions from Karnataka-based companies.
  • Major upcoming projects:

– Bengaluru-based Zetwerk Manufacturing Businesses Private limited:
– investment: ₹5,000 crore.
– solar cell manufacturing facility in Tamil Nadu.
– Expected outcomes: Strengthening the solar value chain, creation of over 3,000 jobs, boosting green exports and energy security.
HI-Q Electronics Private Limited:
– Investment: ₹425 crore for PCB manufacturing facility in Tamil Nadu.
– Expected job creation: 400 positions.- ASM Technologies Limited:
– Investment: ₹250 crore for a design-led production facility in electronics and allied industries.
– Job generation potential: Over 1,100 positions.
Zettaone Technologies India Private Ltd. (Krishnagiri):
– Additional investment of ₹100 crore for ESDM (Electronics System Design & Manufacturing) works.- Estimated job creation: ~500 jobs.
– Chennai-based JLK Automation (India) Private Ltd.:
– Investment commitment of ₹100 crore towards Precision Automation Machines production facilities in Krishnagiri (~450 jobs).

Indian Opinion Analysis

Tamil Nadu’s strategic success at attracting investments highlights its proactive industrial policies and positioning as a strong manufacturing hub within India’s economic landscape. The involvement of Karnataka-based firms underscores healthy regional competition while fostering cross-state collaboration that could catalyze national growth in sectors like renewable energy and advanced electronics.

The establishment of facilities enhances domestic production capabilities-especially solar cells and electronic systems-aligning with India’s vision for self-reliance under initiatives such as “Make in India.” With considerable job creation across diverse skill levels accompanying these investments (~6,000), Tamil Nadu may become pivotal to bridging gaps between advanced industries and workforce development.

As this summit focuses on multiple high-tech sectors-including semiconductors and automation-it also signals growing confidence among private investors about infrastructure readiness within emerging areas like Hosur & Krishnagiri districts.Such developments are expected to not just position Tamil Nadu competitively but likely ripple constructive industrial diversification across southern India.

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