L&T Expands Footprint in Tamil Nadu with Rs 18,600 Crore Investment Plan

Infrastructure major Larsen & Toubro (L&T) on Thursday signed a major Memorandum of Understanding with the Tamil Nadu government to invest Rs 18,600 crore across three large scale projects, marking a significant boost to industrial development and employment generation in the state.

The agreement was signed in the presence of Chief Minister C Joseph Vijay and L&T Chairman and Managing Director S N Subrahmanyan at the Secretariat. Officials said this is the first major industrial agreement after the new government assumed office.

Under the MoU, L&T will take up three key projects covering data infrastructure, electronics manufacturing, and shipbuilding expansion.

The largest investment is a Rs 15,000 crore data centre expansion project in Kanchipuram district , which is expected to create around 500 jobs . The project aims to strengthen Tamil Nadu’s digital infrastructure and boost capabilities in emerging technologies, including artificial intelligence.

The second project involves setting up an electronics and electrical systems manufacturing unit in Coimbatore with an investment of Rs 2,500 crore , expected to generate about 2,000 jobs and strengthen the state’s electronics manufacturing ecosystem.

The third project is the expansion of the Kattupalli shipyard with an investment of Rs 1,100 crore , which is projected to create around 5,700 jobs . It will enhance facilities for shipbuilding and offshore wind installation industries, further strengthening Tamil Nadu’s coastal industrial base.

Officials said these investments align with Tamil Nadu’s vision of becoming a USD 1.5 trillion economy by 2036 . The projects are expected to generate both direct and indirect employment opportunities , particularly for the state’s youth.

During the signing ceremony, the Chief Minister assured full government support for L&T’s expansion plans and reiterated Tamil Nadu’s commitment to maintaining a strong investment-friendly environment.

The agreement is seen as a major step in strengthening Tamil Nadu’s position as a leading destination for infrastructure, technology, and manufacturing investments in India.