Amount Rs 75 crores sanctioned by the government of TN for the second GIM
Posted on: 13/Feb/2018 9:32:26 AM
The latest news is the government of Tamil Nadu has sanctioned amount of Rs 75 crores for the second Global Investors Meet or GIM and this has made the industries department very happy now.
On Monday 12th February 2018 the above was announced by the state and it must be noted that this second GIM would take place on 23rd and 24th of January 2019.
According to an official statement it is now confirmed that chief minister of TN Mr E. Palaniswamy has allocated Rs 75 crores for this second GIM. The news that has come out is the state has reached out to domestic as well as global companies plus investors from all over the world.
Many parameters were listed in the official statement and these parameters have made TN to attract investments. It must be noted that many parameters such as peaceful law and order situation, uninterrupted supply of power, strong SME business infrastructure plus others like presence of many international airports, skilled workforce have been instrumental in making the state of TN very strong in attracting investments now.
2015 GIM prototype would be followed with few additions and this was later confirmed by none other than industries secretary Mr. Gnanadesikan. He also spoke about how the focus would be more on west Asia of Gulf nations.
Mr Gnanadesikan revealed that in the year 2015 Gulf nations visited as a part of road show but this time around investments would be got and that would be superb.
He further spoke about how the state of TN has been attracting US, Korean and Japan based companies. It is now said that industries from countries like China and Taiwan would also be considered.
It is known that the first edition of this GIM took place in the year 2015 and it saw the presence of 8000 industrialists plus chief executive officers etc.
