Tamil Nadu State Govt. agency signs MoUs with 100 MSMEs, SIDBIFaMe TN, an autonomous agency under India’s Tamil Nadu State Government, recently signed memoranda of understanding (MoUs) with 100 micro and small enterprises (MSMEs) to attract investments over Rs. 1,500 cr. It also signed an MoU with the Small Industries Development Bank of India (SIDBI) to facilitate loans for MSMEs. The units will be established in multiple sectors, including textiles, across the state and are expected to generate around 7,400 jobs.