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Hosur SIPCOT Phase V EV Corridor: ₹4,200 Cr Investment & 25,000 Jobs

New industrial push brings global EV giants and semiconductor units to Krishnagiri district.

17 October 2026VizhiTN State & Economy Desk5 min read
Hosur SIPCOT Phase V EV Corridor: ₹4,200 Cr Investment & 25,000 Jobs
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Why this matters to Tamil Nadu

Drives high-tech industrial growth in Tier-2 and border districts of Tamil Nadu. Creates 25,000 direct and indirect employment opportunities for engineering graduates and skilled youth. Strengthens India's EV and semiconductor supply chain through robust state-of-the-art manufacturing infrastructure.

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Key Highlights

Essential facts and key takeaways

4 points
Project Investment: ₹4,200 Crore
Nodal Agency: SIPCOT & TIDCO
Employment Potential: 25,000 Direct & Indirect Jobs
Focus Sectors: Electric Vehicles (EV) & Semiconductors

Timeline

Chronological developments

4 events
1
January 2024
Phase V feasibility and land identification
2
July 2025
Infrastructure development and utility linkage approval
3
October 2026
Anchor investor agreement signings
4
Mid-2027
First wave of factory groundbreakings

Official Sources

Verified links & documentation

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