Hitachi Energy on Tuesday signed a Memorandum of Understanding (MoU) with the Tamil Nadu government for a Rs 1,000-crore expansion project aimed at strengthening the state’s industrial growth and technology ecosystem.
Under the agreement, the Hitachi Group will invest Rs 1,000 crore over the next five years to implement the two major expansion projects. The initiative is expected to boost advanced manufacturing capabilities and enhance Tamil Nadu’s position as a key hub for technology-driven industries.
According to an official statement shared by the Chief Minister’s Office, the investment is expected to generate around 1,000 high-quality technology jobs, offering opportunities for engineering and technical professionals in the state.
The agreement was signed at the Secretariat in the presence of Chief Minister S. Joseph Vijay during an event organised by the Department of Industries, Investment Promotion and Commerce. The projects involve the expansion of Hitachi Energy Technology Services Private Limited in Porur near Chennai and the production expansion of Hitachi Energy India in Chengalpattu.
The event was attended by Industries Minister S. Keerthana, Chief Secretary M. Saikumar, Additional Chief Secretary (Industries) S. Vijayakumar, Vaidya Enterprises Managing Director and CEO Deepak Jacob, Hitachi India Managing Director Venu Nugari, Chief Development Officer Karthik Krishnamurthy, along with other senior government officials.
Follow us
