MEPZ SEZ Approves Investments of Over Rs.710 Crores in June

Business MInutes

The Unit Approval Committee (UAC) of MEPZ Special Economic Zone, chaired by Alex Paul Menon, Zonal Development Commissioner, has approved 7 new SEZ Units and 4 Export Oriented Units (EOUs) during June 2026. The approved projects represent a combined investment of Rs.710.39 crores and are projected to generate 15,424 employment opportunities, reinforcing the Tamil Nadu, Andaman & Puducherry (TAP) Region's position for investment, manufacturing, and export-led growth.


The major approvals include:


M/s. TKG Taekwang India Private Limited will establish a non-leather footwear manufacturing unit at ELCOT SEZ, Tiruchirappalli, with a projected investment of ₹514.72 crores and employment generation of 13,364 persons.


M/s. Kinesis Semiconductor Wire Solutions India Private Limited will set up operations at MEPZ SEZ, Tambaram, Chennai, with a projected investment of ₹115.20 crores, generating 123 jobs and strengthening the region's growing semiconductor and electronics ecosystem.


M/s. Global We Connect Technologies Private Limited will establish its SEZ unit at ELCOT SEZ, Hosur, creating 265 employment opportunities.


M/s. Samvardhana Motherson International Limited will establish an EOU at Kattavakkam Village, Kanchipuram District, with a projected investment of ₹11 crores and employment generation of 1,050 persons.


M/s. Rishaba Industries LLP will establish an EOU at One Hub Chennai, Chengalpattu District, with a projected investment of ₹58.10 crores and employment generation of 145 persons.


Speaking on the approvals, Alex Paul Menon, said, "The approvals reflect the growing diversification of the TAP Region's industrial ecosystem, with investments spanning advanced manufacturing, technology services, and semiconductor-related activities. Projects such as the footwear manufacturing facility in Tiruchirappalli and semiconductor operations in Chennai highlight the emergence of new growth centres across Tamil Nadu, creating employment opportunities while strengthening the region's integration into global value chains. These developments reinforce the TAP Region's position as a dynamic and future-ready investment destination."


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