The Tamil Nadu government is poised to sign a slew of Memoranda of Understanding (MoUs) in the aerospace and defence sectors at the upcoming TN Rising Summit in Coimbatore on November 25, 2025. According to State government sources, a deal will be signed with VAF Aero Systems and the firm will be investing around ₹510 crore.
Sakthi Aircraft Industry has given commitment to invest ₹500 crore and provide employment to 1,200 persons, sources said. Meanwhile, Fovia Tech will be pumping in ₹200 crore for drone manufacturing. Other firms that will be signing MoUs include Minerva Special Purpose Vehicle (₹51 crore); Cingularity Aerospace – (₹50 crore) and Countermeasures Technologies (₹50 crore), they claimed.
Among the major announcements lined up for the TN Rising Summit is a ₹4,200-crore investment agreement with STT Global Data Centre. This particular MoU is pertaining to the Chennai zone and will create over 1,800 high-value jobs, the source claimed.
Tamil Nadu’s electronics sector is also set to attract significant capital at the summit, with Singapore-based Caliber Interconnects committing ₹3,000 crore and fellow Singapore investor TD Connex poised to sign an MoU valued at ₹1,057 crore.
