TN CM MK Stalin winds up Spain trip, signs MoUs for ₹540 crore investment with Edibon

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’Thrilled to seal the deal’

State Industries Minister TRB Rajaa, Secretary to Chief Minister P Umanath, and Managing Director and CEO of Guidance Tamil Nadu V Vishnu were present on the occasion, a release in Chennai said on Tuesday.

“Wrapped up exhilarating talks with top executives from Spain’s industrial giants – Gestamp, Talgo and Edibon. Convinced them of the boundless opportunities in Tamil Nadu, India’s manufacturing powerhouse. Thrilled to seal the deal with Edibon, securing a massive investment of ₹540 crore,” Stalin said in a post on ‘X’.

Wrapped up exhilarating talks with top executives from Spain's industrial giants – #Gestamp, #Talgo, and #Edibon. Convinced them of the boundless opportunities in Tamil Nadu, India's manufacturing powerhouse. Thrilled to seal the deal with Edibon, securing a massive investment of… pic.twitter.com/T5bVAuZbI0

— M.K.Stalin (@mkstalin) February 5, 2024

Gestamp is a Spanish multinational automotive engineering company, while Talgo is a Spanish manufacturer of intercity, standard, and high-speed passenger trains.

Also, Stalin had a fruitful discussion with Mabtree, a company engaged in R&D in immunotherapies.

“A fitting finale to the successful visit to Spain. With such fruitful results, I will be departing from Spain tomorrow and longing to see you all after quite a few days, which feels like an eternity to me. Similarly, I am grateful to the Tamil community in Spain for the warm welcome and hospitality they have shown me,” the chief minister said.

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