
Wed Sep 10 22:30:00 UTC 2025: Here’s a summary of the provided text followed by a news article based on it:
**Summary:**
Tamil Nadu is set to receive significant investments at the T.N. Rising Hosur Investors Summit, with Hosur taking center stage. Companies, notably from neighboring Karnataka, are pledging to invest in manufacturing facilities, particularly in solar cells, electronics, and automation. These investments are expected to create thousands of jobs and boost the state’s economy and technology sectors.
**News Article:**
**Tamil Nadu Lures Major Investments from Karnataka at Hosur Summit, Bolstering Tech Sector**
**CHENNAI, September 11, 2025** – Tamil Nadu is poised for a major economic boost following the T.N. Rising Hosur Investors Summit, where significant investments are expected to be signed, particularly in the Hosur region. The state has successfully attracted businesses from neighboring Karnataka, signaling its growing appeal as an investment destination.
A highlight of the summit is a ₹5,000 crore Memorandum of Understanding (MoU) with Bengaluru-based Zetwerk Manufacturing Businesses Private Limited, aimed at establishing a solar cell manufacturing facility. This project is expected to not only strengthen the domestic solar value chain but also create over 3,000 jobs and promote green exports.
Further demonstrating Karnataka’s confidence in Tamil Nadu’s potential, HI-Q Electronics Private Limited, also headquartered in Bengaluru, plans to invest ₹425 crore in a PCB manufacturing facility, generating 400 jobs and enhancing the state’s advanced electronics manufacturing capabilities.
ASM Technologies Limited has committed ₹250 crore to establish a manufacturing facility focused on design-led manufacturing for electronics, semiconductors, solar and allied industries, creating 1,100 jobs.
Zettaone Technologies India Private Ltd. will invest an additional ₹100 crore to establish an ESDM (Electronics System Design and Manufacturing) facility in Krishnagiri, generating 500 jobs and reinforcing Tamil Nadu’s growing ESDM ecosystem.
Chennai-based JLK Automation (India) Private Ltd. is also contributing with a ₹100 crore investment to build a Precision Automation Machines manufacturing facility in Krishnagiri, creating 450 jobs.
These investments are expected to significantly impact Tamil Nadu’s economy, creating thousands of jobs and positioning the state as a key player in the electronics, solar, and automation sectors. The summit underscores Tamil Nadu’s success in attracting investment and fostering growth in key industries.