Tamil Nadu Gets Investments Worth 2,700 Crores During Chief Minister E Palaniswami’s US Visit

Read Time1 Minute, 49 Seconds

Tamil Nadu Chief Minister E Palaniswami is in the US to promote investments in his state (File)


More than 16 firms in the US have committed investments to the tune of over Rs 2,700 crore in Tamil Nadu during the ongoing visit of Chief Minister E Palaniswami to that country, the state government said today.

During an investors meet in New York on Tuesday attended by the Chief Minister, 16 companies had signed memorandum of understanding (MoU) to make investments worth Rs 2,780 crore in different fields in the state, an official release here said.

The companies included Jean Martin, Scitus Pharma, Novitium Labs, Aspire Consulting and Zillion Technologies.

Besides, Haldia Petrochemicals signed an agreement for an in-principle investment of Rs 50,000 crore to set up a plant.

“The Chief Minister (also) held direct talks with representatives” of various companies “to promote investments” in the state, it said adding he highlighted the infrastructure facilities being provided for smooth running of the business in the state.

“The new investments will benefit youth (in Tamil Nadu) as over 25,000 jobs will be created,” it said.

At the investors meeting attended by higher officials of Caterpillar and Ford Motors, who have already invested in the state, Tamil Nadu was showcased as a preferred destination for investments in the sectors of Fintech, Aerospace and electric vehicles manufacturing, it added.

Mr Palaniswami embarked on a three-nation tour last week, saying the visit was aimed at garnering more foreign investments for Tamil Nadu.

Earlier, he had visited the UK and would stopover in Dubai en route to India, where he would meet potential investors.

He is scheduled to return home on September 10.

Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24×7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

Source link

0 0
Next Post

Abdul Basit: Kashmir: తప్పులో కాలేసిన పాక్ మాజీ రాయబారి.. థ్యాంక్స్ చెప్పిన పోర్న్ స్టార్ - porn star jonny sins trolls ex-pak envoy abdul basit, says his vision is fine

గతంలో భారత్‌లో పాకిస్థాన్ రాయబారిగా పని చేసిన అబ్దుల్ బసిత్ గుర్తున్నాడా? ఈయన ఆర్టికల్ 370 రద్దు తర్వాత జమ్మూ కశ్మీర్లో పరిస్థితులు ఏమాత్రం బాగోలేవని తెగ బాధపడుతున్నారు. భారత సైన్యం పెల్లెట్ల వర్షం కురిపించడంతో.. అనంత్‌నాగ్‌లో యూసఫ్ అనే ఓ యువకుడి కన్ను పోయిందని ఆవేదన వ్యక్తం చేస్తూ.. ఓ ఫొటో కూడా ఉన్న ట్వీట్‌ను ఆయన రీట్వీట్ చేశారు. భారత సైన్యం అరాచకాలకు వ్యతిరేకంగా గళం వినిపించాలని […]