Tracker · v1.4

MoU Tracker

Every investment memorandum of understanding announced for Tamil Nadu since January 2021, traced from announcement to signature to first drawdown.

₹4.62 lakh crore

[C]as at 18 August 2026Announced-to-deployed discount applied: 60–80%

Source: Guidance Tamil Nadu releases; company filings; MCA charge data

Show the arithmetic +

traced = Σ(announced_value × signature_flag × drawdown_evidence_weight), where drawdown_evidence_weight ∈ {0, 0.4, 0.8, 1.0} by evidence class. The published headline is the traced sum, not the announced sum.

Tag census, this release

[A]34%[B]41%[C]25%

AnnouncedTraced to signatureTraced to drawdownUnit: index

What it measures

MoUs announced publicly by the State or by the counterparty, with a rupee value attached.

Whether a signed instrument exists, and whether any capital expenditure has been recorded against it.

The gap, in months, between announcement and first verifiable drawdown.

What it does not measure

Employment. Job figures in MoUs are counterparty projections, tagged [B] at best, and we do not aggregate them.

Investment that never took the MoU route, which for mid-market manufacturing is substantial.

Whether a deployed rupee was well spent. That is a different question and we do not pretend to answer it here.

Sources and licences

Where every input came from, and when we took it.

Guidance Tamil Nadu press releases: Retrieved 12 August 2026Licence: Government of TN, open
MCA21 charge and filing register: Retrieved 14 August 2026Licence: Paid, redistribution restricted
Counterparty annual reports and investor decks: Retrieved 16 August 2026Licence: Public, quoted under fair dealing

How we tag Corrections to this tracker

Kill criteria

This tracker can be suspended, publicly.

A tracker whose census falls below 50% [A]+[B] for two consecutive releases is suspended until the inputs improve. That rule is not negotiable by a funder.

Programme charters