Tamil Nadu's Chief Minister MK Stalin on January 8 said that the Global Investment Meet (GIM) has brought investments worth Rs 6.64 lakh crore, which is poised to generate 26.9 lakh jobs in the state.
"We have attracted an unprecedented Rs 6,64,180 crore in investments. A total of 26,90,657 jobs are expected to be generated from these investments that includes direct employment for 14,54,712 persons, " said Stalin.
He promised investors the state's co-operation and has offered single window clearances for these investments.
"Over the last 2 years I have laid the foundation stones for 44 projects
and inaugurated 27 industries. Due to these efforts 74,757 women and youth would be provided employment...I can confidently say that this Global Investor Meet will be a watershed in Tamil Nadu’s industrial growth," the Chief Minister noted.
The CM also directed the officers to put in all the efforts to make Tamil the
frontrunner in attracting global investments.
"The objective of this investors meet was to showcase Tamil Nadu on the global stage as the best state for fostering investments. I am happy and proud to inform this august gathering that due to our tireless
efforts and your participation during this Global Investors’ Meet we have
attracted an unprecedented Rs.6,64,180 crore of investments," Stalin said.
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The State's Industries Department will be going to Davos to showcase TN's development, said the Minster of Industries in Tamil Nadu.
"The State Industries Department will be going to Davos in the next few days to showcase TN's strength. The CM will travel with us to Spain on Jan 28 & plans are on for visits to countries like Australia and US," said TRB Rajaa, minister of industries of Tamil Nadu.
"These two days of GIM have not only been about investment numbers but also about high-quality jobs distributed across the state. Along with advanced sectors like EVs semiconductors, quantum computing, battery cell manufacturing, the govt is also looking at mass-jobs creators such as non leather footwear."
The total proposed investment figures at the end of the two-day summit well surpassed the state government's target of attracting Rs 5 lakh crore in investments.
The CM also said that a total of 26,90,657 jobs are expected to be generated from the proposed investments that includes direct employment for 14,54,712 persons and indirect employment for 12,35,945 persons.
During the course of the summit, the CM unveiled Semiconductor and Advanced Electronics Policy and public private partnership policy as well as his government's road map to make Tamil Nadu a $1-trillion economy by 2030.
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