News Brief
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Tamil Nadu Chief Minister M K Stalin on Wednesday (4 June) virtually inaugurated two industrial facilities.
Together, the ventures bring in Rs 475 crore in investment, as reported by The New Indian Express.
The first, a robotics manufacturing unit by Germany’s Agile Robots SE, has been established at SIPCOT’s Irungattukottai industrial estate.
The Rs 300 crore facility will produce AI-enabled robotic systems for sectors such as automotive, consumer electronics, and healthcare. The project is set to generate over 300 high-skilled jobs.
“This is a proud addition to Tamil Nadu’s growing AI-driven automation ecosystem,” State Industries Minister Dr T R B Rajaa was quoted as saying by TNIE.
At the event, six engineering students were handed internship certificates under the state's Naan Mudhalvan programme.
The German firm specialises in fusing artificial intelligence with robotics to offer cutting-edge automation solutions to global clients.
The second facility is an air separation plant by SOL India Pvt Ltd, located at SIPCOT Ranipet.
A Rs 175 crore investment, the plant is a joint venture between Italy’s SOL SpA and India’s SICGILSOL Pvt Ltd.
The unit will produce industrial and medical oxygen and has already created 20 direct jobs. The project, initiated after commitments made during the Global Investors Meets in 2019 and 2024, was completed in less than a year.
Senior officials from both companies attended the virtual inauguration. The Industries Minister and Industries Secretary also participated in the event.