CM Palaniswami team signs with 16 US firms for investing Rs 2,780 crore and 20,000 jobs
Tamil Nadu Chief Minister Edappadi K Palaniswami said 16 US companies have signed on Memorandums with the state government to invest of Rs 2,780 crore in Tamil Nadu state.
And also 200 entrepreneur and professionals are involved in the meeting in which industries minister M C Sampath, chief secretary K Shanmugam and other senior officers are attended.
The Tamil Nadu state government said, “The chief minister held direct talks with representatives of various companies to promote investments in the state.” Meanwhile “The new investments will benefit youth (in Tamil Nadu) as over 20,000 jobs will be created.”
While CM Palaniswami said, “Conducive business environment and various incentives like tax refunds, capital subsidies, highly skilled manpower, power supply, state of the art infrastructure facilities and reputation for efficiency have made Tamil Nadu an ideal choice for investors.”
CM said, “I assure you my state will always stand by you and provide you with the best possible investment experience.” While “As far as I conceded, I have come up one step in politics. I had never even dreamt of becoming chief minister. I still, got an opportunity,“ Palaniswami said.
India’s consul general in New York Sandeep Chakravorty said, “The current geo-political scenario and developments in global trade open up opportunities for India and states like Tamil Nadu. The investors meet provides an opportunity to discuss what is required from the Centre and also from the Tamil Nadu government, he said.
Earlier, the CM EPS and health minister C Vijaya Baskar and team officers visited the UK and signed MoUs with hospitals in London. Enroute from the US, the team will meet potential investors in Dubai.