Tamil Nadu CM M.K. Stalin signed MoUs with Nokia, PayPal, Microchip, and others for investments and partnerships in tech sectors.

Tamil Nadu Chief Minister M.K. Stalin signed agreements with Nokia, PayPal, Microchip, and other firms during his US visit to attract investments and partnerships. The MoUs involve significant investments and job opportunities in semiconductor technology, AI, and hydrogen solutions. Nokia will establish an R&D center in Chennai, while PayPal is setting up an AI-focused development center, creating a combined 1,100 jobs.

August 30, 2024
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