Munich, Sept. 1 -- Tamil Nadu government has inked "key MoUs" with German firms during Tamil Nadu Chief Minister MK Stalin's visit to the country as part of his two-nation tour, with the MoUs entailing fresh investments worth over Rs 3,200 crore and having the potential to create nearly 6,000 new jobs in the state.
A state government release said that Munich-headquartered Knorr-Bremse, a world leader in braking systems, has announced a Rs 2,000 crore investment to establish a state-of-the-art facility in Tamil Nadu.
The plant will focus on railway doors and braking systems--marking the company's first major manufacturing investment in the state. The project is expected to generate 3,500 jobs and strengthen Tamil Nadu's growing ecosystem...
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