CHENNAI: Fourteen projects, for which Memorandums of Understanding were inked during the Global Investors Meet, are set to take their next steps towards full realisation on Friday. Chief Minister J Jayalalithaa will inaugurate seven completed projects and preside over the foundation stone laying ceremonies of seven others.
According to government sources, the CM will also be meeting the leaders of all the 14 firms. The projects being inaugurated include several major ones - Sun Edison’s solar power project in Virudhunagar district, Welspun Renewable Energy’s solar project in Tiruchy and Karur, Saint-Gobain’s R&D facility in Chennai and glass manufacturing facility in Erode and the first phase expansion of MRF Ltd’s tyre factory in Perambalur.
Projects for which foundation stones are being laid include ITC Ltd’s food processing unit in Pudukkottai, Apollo Tyres’ expansion of their
Oragadam facility, TVS Motors’s motorcycle plant in Hosur, Saint-Gobain’s expansion of their glass manufacturing facility in Sriperumbudur and the phase two expansion of MRF’s Perambalur facility and MRF’s new unit in Arakkonam.
Among the top business leaders expected to call on Jayalalithaa on Firday morning are Saint-Gobain’s global Chairman and CEO Pierre-Andre de Chalendar.