Reliance Consumer Products Limited will make a ₹1,156 crore investment to set up a combined manufacturing facility at the SIPCOT Allikulam Industrial Park in Thoothukudi, Tamil Nadu. State Industries Minister, T.R.B. Rajaa, stated that the development showcases the state's increasing popularity as a FMCG manufacturing hub.
The factory will be a greenfield project that will cover 60 acres and will focus on making a variety of products such as local snacks, biscuits, spices, atta, and edible oils. It is expected to become a centre for multi-product manufacturing and provide job opportunities to 2,000 people from the surrounding areas in the next five years.
Minister Rajaa thanked Chief Minister M.K. Stalin for his leadership under the Dravidian Model and said that Tamil Nadu is attracting the big national and international investors in various sectors. He underlined that the state, while maintaining its promise to boost industrial growth, is also committed to raising employment on a large scale.
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This revelation is followed by two significant state-backed projects funded by the central government. Cochin Shipyard Ltd and Mazagon Dock Shipbuilders Ltd will invest ₹30,000 crore jointly to create modern Greenfield commercial shipyards in Tamil Nadu. The two mega projects will create a total of 55,000 jobs, making the state a hub for shipbuilding and maritime innovations worldwide.
Through the entry of Reliance and the PSU investments, Tamil Nadu has reaped the benefits of being one of the fastest-growing industrial regions in India, where it has been successful in combining growth, innovation, and job creation.
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