Avigna to invest Rs 837 crore in construction of industrial park in Tamil Nadu

Avigna Industrial and Logistics Park will invest Rs 837 crore to develop an industrial park in Tamil Nadu. Avigna said in a statement on Saturday that the company has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government for an investment of Rs 837 crore in the state. The agreement was signed by Avigna Group Managing Director Rajasekaran S and Executive Director Abhijit Verma and Tamil Nadu Chief Minister MK Stalin. Avigna will use this proposed investment to develop modern industrial development parks in different parts of Tamil Nadu in the coming years. Abhijeet Verma, Executive Director and CEO, Avigna Group, said, “We are happy to announce this collaboration with the state government and we are working towards bringing economic growth to the people of the state by not only developing industrial parks but also creating employment opportunities. Excited for it too.