A source from India's Tamil Nadu government said on Thursday that the state is about to sign agreements with overseas companies for more than 10 new projects worth about 15.5 billion rupees as part of a broader push plan involving nearly 100 agreements. The state government said in a newspaper advertisement that it will sign 97 agreements with a total value of 674.52 billion rupees and is expected to create more than 100,000 jobs. According to the source, this total amount includes investment by Indian companies and expansion projects to expand existing facilities. The source also said that the new project includes an investment of around 5 billion rupees from US server manufacturer Ultramicrocomputer and an investment of 20 billion rupees from the France-based construction group Saint-Gobain.

A source from India's Tamil Nadu government said on Thursday that the state is about to sign agreements with overseas companies for more than 10 new projects worth about 15.5 billion rupees as part of a broader push plan involving nearly 100 agreements. The state government said in a newspaper advertisement that it will sign 97 agreements with a total value of 674.52 billion rupees and is expected to create more than 100,000 jobs. According to the source, this total amount includes investment by Indian companies and expansion projects to expand existing facilities. The source also said that the new project includes an investment of around 5 billion rupees from US server manufacturer Ultramicomputer and an investment of 20 billion rupees from the France-based construction group Saint-Gobain.