Tamil Nadu Inks Major Tech Deals During CM's US Visit

CosmicTaco · 2024-08-30T09:49:04.954510+05:30

- TN govt signs agreements with Nokia, PayPal, Applied Materials, and others - Nokia to set up Rs 450 crore R&D centre at SIPCOT, creating 100 jobs - PayPal to establish Advanced Development Centre focused on AI in Chennai - Applied Materials to open AI-Enabled Tech Centre for semiconductor manufacturing - Yield Engineering Systems and Microchip to invest in facilities in Coimbatore and Chennai - Infinx to set up tech centre in Madurai, generating 700 jobs Source: [Moneycontrol](https://www.moneycontrol.com/news/india/tn-signs-agreements-with-nokia-paypal-applied-materials-and-a-host-of-it-companies-12810256.html)

TN govt signs agreements with Nokia, PayPal, Applied Materials, and others
Nokia to set up Rs 450 crore R&D centre at SIPCOT, creating 100 jobs
PayPal to establish Advanced Development Centre focused on AI in Chennai
Applied Materials to open AI-Enabled Tech Centre for semiconductor manufacturing
Yield Engineering Systems and Microchip to invest in facilities in Coimbatore and Chennai
Infinx to set up tech centre in Madurai, generating 700 jobs

Source: Moneycontrol