Chennai, March 7 -- Tamil Nadu Chief Minister M K Stalin on Friday laid the foundation for the US-based Intelligent power management company Eaton's new GEIS (Global Energy Infrastructure Solutions) facility at Sholinganallur in Chennai., involving an investment of Rs 200 crores.

The new facility will generate jobs for 500 people, an official release said.

It said Tamil Nadu has emerged as the second largest economy in the country and was the leading state in various spheres like manufacturing and exports, besides attracting largescale investment and creating higher number of job opportunities, especially for women, a fact acknowledged and lauded by the 2024-25 Economic Survey report, it said.

It said the State government has be...