Tamil Nadu CM K Palaniswami flagged off 13 types of solar and electric powered autos which will be operated by women. This project is the result of the Chief Ministers efforts on fetching investment to Tamil Nadu and facilitating job opportunities for the youth, an official release said.
Last year, Palaniswami signed an MoU with M Auto at Dubai and offered his governments support on providing charging stations, manufacturing units among the other things. M Auto is the first firm to receive a license for starting the operation.
The project will create employment opportunities to 5,000 people with an investment of around Rs 100 crore. Autos manufactured by M Auto Electric Mobility are equipped with GPS, CCTV cameras, panic button and tabs that can be used for various purposes.
During his trip which also included the UK and US, Palaniswami signed MoUs with 41 companies which committed an investment of Rs 8,835 crore totally. These projects would create new jobs for over 35,520 persons.