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Conversion Conclave 2026
February 15 , 2026
13 hrs 0 min
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- During the Conversion Conclave 2026 held in Chennai, The Chief Minister M. K. Stalin has announced that 73.53 % of MoUs signed since mid-2021 have been converted into investment projects.
- A total of 1,179 MoUs worth ₹12.37 lakh crore were signed in the last five years, with the potential to create 36.52 lakh jobs.
- Out of these, 867 projects are in advanced stages of implementation, and 35.11 % of the projects are already operational.
- According to data from the Employees' Provident Fund Organisation, about 29.63 lakh jobs were created in the last four years in Tamil Nadu.
- The State government has organised 18 investment conclaves in Tamil Nadu and abroad, which resulted in 1,130 MoUs worth ₹10.43 lakh crore.
- New MoUs were signed with the Bharat Biotech for a bio-similar manufacturing project and with Hyundai Motor India Foundation for a skill development centre in Kancheepuram.
- Dabur India Ltd has also started construction of its first manufacturing plant in South India at Tindivanam.
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