Samsung will make investments a further Rs 1,000 crore in its Sriperumbudur plant close to Chennai, creating 100 new jobs, in accordance with Tamil Nadu’s Industries Minister.
The manufacturing facility manufactures TVs, fridges, and washing machines, contributing considerably to Samsung’s India income.
The enlargement comes regardless of latest labour protests on the plant over wage revisions, union recognition, and dealing circumstances.
The minister stated the funding displays Samsung’s belief in Tamil Nadu’s workforce and the State’s continued help for the corporate.
Tamil Nadu has attracted Rs 10.14 lakh crore in investments since Could 2021, producing 32 lakh jobs throughout key industries together with semiconductors, meals processing, and technical textiles.
The State leads manufacturing with 31,517 operational factories and a rising IT and GCC sector, with Chennai alone including 125 new GCCs since 2019 and 94,121 new jobs.
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