HomeNewsJuly 30, 2026
GOVERNANCE · DAY 82

🏢 CM Vijay Presides Over Major Investment MoUs, TN's First Foreign University Campus

⏱ 2 min read

CM Vijay presided over four MoUs bringing global insurer Chubb, wind turbine maker Nordex, EV component manufacturer MotiveLink and the University of Western Australia's first Tamil Nadu campus — together creating nearly 3,000 jobs.

📅 July 30, 2026 · Day 82 in Office · Chennai

CM Vijay presided over the exchange of four Memoranda of Understanding in Chennai, bringing new investment commitments from global insurer Chubb, German wind turbine manufacturer Nordex, South Korean EV components maker MotiveLink, and the University of Western Australia — marking the first international university campus to be established in Tamil Nadu.

4MoUs Signed
2,920Direct & Indirect Jobs
Day 82In Office

Four Investments, One Table

CompanyInvestmentJobs
Chubb (Swiss insurer)First Chennai GCC220
Nordex (German wind turbines)First Chennai R&D centre1,000
MotiveLink (South Korean EV parts)₹300 Cr plant, SIPCOT Pillaipakkam1,500
University of Western Australia₹125 Cr campus, Velachery200+
Chubb, one of the world's largest publicly traded property and casualty insurers, will set up its first Chennai Global Capability Centre focused on technology and engineering services, while Nordex — among the top five wind turbine manufacturers globally — will establish its first Chennai R&D centre.

Tamil Nadu's First Foreign University Campus

The University of Western Australia, ranked 77th in the QS World University Rankings 2026, will establish its Tamil Nadu campus in Velachery, Chennai, spanning roughly 50,000 sq ft with an investment of ₹125 crore — the first campus of an international university to be set up in the state. Separately, MotiveLink will build a ₹300 crore manufacturing facility at SIPCOT Pillaipakkam in Kancheepuram district producing EV components including coils, PCBs, magnetic components, housings and filters, building on the state Industries Minister's visit to South Korea in June.

Part of a Growing GCC Hub

The investments add to Tamil Nadu's rapidly expanding Global Capability Centre ecosystem, which already counts over 350 GCCs in Chennai and more than 80 in Coimbatore, with emerging hubs developing in Madurai and Tiruchirappalli. Industry estimates cited by officials project the state's GCC sector could support up to 1.5 million jobs by 2030.

Investment Global Capability Centres University of Western Australia CM Vijay July 30, 2026

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