The Tamil Nadu government has signed 4 MoUs with leading global companies to facilitate the establishment of Global Capability Centres (GCCs), Research & Development (R&D) centres, and a manufacturing facility.
As part of these agreements, the state government has also signed an MoU with the University of Western Australia (UWA) to establish its India campus in Velachery, Chennai, with an investment of ₹125 crore.