The red carpet rolled out to the >global investors has worked magic as Tamil Nadu has attracted Rs 2.42-lakh crore, more than double the investment targeted for its first ever > Global Investors Meet (GIM).
Hereafter, Tamil Nadu would host a GIM once every two years, the next in 2017.
At the valedictory function, Chief Minister Jayalalithaa, visibly happy, said the unprecedented investment of Rs 2.42-lakh crore finalised during GIM was a resounding endorsement of the State and her government’s policies.
“This also exceeds the cumulative investment attracted through all MoUs signed by Tamil Nadu over the 20-year period from 1991 to 2011. Today, 98 MoUs have been signed and documents exchanged,” she said.
As a direct outcome of the Solar Energy Policy announced by her in 2012, Ms. Jayalalithaa said that MoUs were signed for establishing 5,345 MW solar energy projects with an investment of Rs. 33,356 crore.
What's the Buzz?
>SunEdison, Adani have mega plans
SunEdison Inc signed an MoU to set up 2 GW of solar and wind power projects in the State, while the Adani Group is set to invest around Rs. 15,000-Rs. 20,000.
>HCL to invest $1 bn in Madurai, Tirunelveli
India’s fourth largest software firm will invest $1 billion in the next five years to set up new units in Madurai and Tirunelveli.
>Adayar River plays perfect backdrop to laser show
On till September 12, the 20-minute laser show is exclusively organised for the Global Investors Meet.
For full coverage of the Global Investor's Meet, click > here.
Published - September 11, 2015 03:43 am IST
