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Sampath meets corporate houses for GIM- II
Tamil Nadu is looking to attract investments in 12 sectors, including auto, textiles, renewable energy, petrochemicals among others, during its second edition of global investor meet, the state’s Industries Minister MC Sampath said on Friday.
Mumbai
“Tamil Nadu is going to organise the global investors meet for the second time from January 23 and 24, 2019 in Chennai. We have many competitive strengths and attractive packages like land allotment, good infrastructure support, single window facilitation portal for investment,” he said.
The state government has identified over 200 infrastructure projects, targeting to attract investments to the tune of $250 bn.
The Minister met with some of the big corporates like Tata Group, Mahindra and Mahindra, Godrej Group, Hinduja Group, RPG, BASF among others in connection with the investors meet. He added that the state is looking at attracting investments in its southern districts and that Tamil Nadu is one of the top states in attracting foreign direct investment and last year saw inflows worth $3.6 bn. The state had attracted investments to the tune of Rs 2.42 lakh crore during its first global investors meet in 2015, with 98 MoUs.
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