US-based company Ohmium is planning to invest Rs 400 crore in setting up an electrolyser and green hydrogen manufacturing facility in Chengalpet, Chennai, India. This initiative was formalized through a memorandum of understanding signed during Tamil Nadu Chief Minister MK Stalin's visit to San Francisco. The project is expected to generate 500 job opportunities, as confirmed by the state government. Ohmium specializes in producing green hydrogen and designing proton exchange membranes, technologies crucial for sustainable energy solutions. The investment by Ohmium in Chennai is a significant step towards promoting green energy and aligns with the state's focus on sustainable development. Additionally, Tamil Nadu has also secured investments in AI labs from Google, aiming to train 2 million youths and advance technological capabilities. This move by Ohmium and the government reflects a positive sentiment towards fostering economic growth, job creation, and sustainable energy practices in the region.