The Tamil Nadu Government's Cabinet of Ministers on Friday approved an investment of Rs 7000 crore by passenger carmaker Hyundai Motors that will allow the company to make its electric car foray into the country by manufacturing units from its Sriperumbudur facility near Chennai , according to two government officials aware of Cabinet developments on Friday."The investment is for an expansion of capacity at their plant near Chennai [Sriperumbudur]. Hyundai is one of your largest manufacturers and consistent investors in the state," said an official who wished to remain unidentified.The official said that the Rs 7,000 crore investment also includes an exclusive electric vehicle incentive package for the company, and that a special incentive package has also been offered to Hyundai. Tamil Nadu had been rewriting incentive packages for its manufacturers after the implementation of GST, which took away the power of states to collect Value-Added Tax, an exemption of which was a large draw of early investors in Tamil Nadu such as Hyundai, Ford and other manufacturers.The fresh investment and capacity expansion is expected to add 1500 jobs to the facility, according to the official.A memorandum of understanding (MOU) is expected to be signed between the Tamil Nadu government and Hyundai at the Global Investors’ Meet to be held next week.The company is also expected to increase its production by one lakh units with the fresh investment.