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Anbumani Alleges TN Cabinet's Recent Hyundai Project Approval Exposes DMK's Investment Claims
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PMK Leader Anbumani Alleges DMK Lies on Industrial Investments, Cites Hyundai Project
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News18
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06-02-2026, 14:00
PMK Leader Anbumani Alleges DMK Lies on Industrial Investments, Cites Hyundai Project
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PMK leader Anbumani Ramadoss claims Tamil Nadu Cabinet approved 2023 Hyundai project on Feb 5, exposing investment reality.
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He disputes DMK's claim of 80% implementation of 1,176 industrial investment proposals worth Rs 12.16 lakh crore.
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Anbumani highlights Hyundai's two MoUs (Rs 20,000 cr in May 2023, Rs 6,180 cr in Jan 2024) for plant expansion, alleging non-implementation.
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He states that the Cabinet's recent approval of these projects proves they were not implemented earlier, contradicting DMK's claims.
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Anbumani alleges only 8.20% (less than Rs 1 lakh crore) of the Rs 12.16 lakh crore MoUs signed since 2021 have materialized.
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