As part of the ‘TN Rising Europe’ investment delegation, MK Stalin, Chief Minister, Tamil Nadu signed several memoranda of understaning (MoUs) in the United Kingdom.
These MoUs were signed with several companies in the textile technology and garment sectors. According to the government, these agreements represent long-term strategic moves for Tamil Nadu into high-value sectors, with the goal of positioning the state as a national and global leader in these niche fields.
One of the key agreements was with a subsidiary of the UK-based Britannia Garment Packaging, Britannia RFID Technologies India. The company will invest $58.97 million to build a high-capacity RFID tag manufacturing facility in Tirupur and Namakkal. The project is expected to create 550 jobs and will help digitize the supply chain and improve traceability in the garment industry, the government adds.
