The Tamil Nadu Cabinet has approved "structured packages" for eight investment projects totaling Rs 7,000 crore. These projects will create over 22,000 jobs in the glass manufacturing, aerospace, electric vehicle (EV) component, and footwear industries.

The cabinet also approved Tamil Nadu State Port Development Policy which encourages development of small ports in the state on the public-private-participation (PPP) model.

Briefing reporters on the Cabinet decisions, Finance Minister Thangam Thennarasu said the new policy will help development of about 17 small ports across the state, which boasts of 1,076-km coastline.

Taiwan’s Hongfu will set up a massive non-leather manufacturing unit in Panapakkam in Ranipet district, while Saint Gobain will construct a new manufacturing plant in Kanchipuram district.