Tamil Nadu signed 158 memorandums of understanding worth Rs 43,844 crore at its TN Rising Investment Conclave in Coimbatore, DT Next reported in late November 2025. The deals are expected to create 1.7 lakh jobs.
Chief Minister M.K. Stalin used his speech to make a point about follow-through. “Many governments conduct such conclaves and sign MoUs. But what matters is their conversion rate,” he said. He put Tamil Nadu’s at 80 per cent, the highest in the country. Of the 1,016 MoUs his government has signed, 809 projects are in various stages of implementation.
The government has held 17 investor meetings so far, Stalin said, and those MoUs have produced over 34 lakh jobs. He said the count is twice what the previous AIADMK regime secured. He also credited overseas trips to the UAE, Singapore, Japan, Spain, America, Germany and England with lifting global confidence in the state.
Startups and firm counts
Startups in the state rose from 2,146 in 2021 to 12,663 in the last four years, according to Stalin. He also said Tamil Nadu has the country’s highest economic growth rate, at 11.19 per cent.
He gave his own explanation for the inflow: “transparent governance, skilled and educated youth, business-friendly environment and better law and order situation.”
Stalin also answered critics. People who dislike the state’s growth “with political vendetta,” he said, are spreading false claims that some firms are leaving. The state now hosts 79,185 firms, up 16,772 from 62,413 in 2021. Union government EPFO data, he said, shows 29.64 lakh employees added in the last four years since the DMK formed the government.
Stalin also pointed to the state’s better ranking in the Union government’s ease of doing business, and said his “Dravidian model” government is moving fast toward a trillion-dollar economy.
