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The Hindu
The Hindu
National
Special Correspondent

Singapore-based IGSS signs MoU to set up 300-acre semiconductor park in Tamil Nadu

Mỹ Semiconductor Tamil Nadu

A Memorandum of Understanding (MoU) was signed on Friday between Guidance Tamil Nadu and the Singapore-based M/s. IGSS Ventures Pte Ltd, in the presence of Chief Minister M.K. Stalin, for establishing a 300-acre semiconductor high-tech park in the State with an investment and grants of ₹25,600 crore.

Industries Minister Thangam Thennarasu, Chief Secretary V. Irai Anbu and senior officials were present at the event held at the Secretariat. The project is aimed at providing direct employment to over 5,000 people in the next five years, an official press release said.

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