CM releases MoU (Memorandum of Understanding worth Rs. 5081 Crores on new industrial Policy
Posted on: 22/Feb/2014 8:54:36 PM
MoU’s worth Rs. 5,811 Crores were signed with several multi-national corporations in presence of the Chief Minister.
New industries are set to start in several places all over the state including Sriperumpudur.16,000 people will get jobs.
CM also released the Tamil Nadu Long-range Plan Policy (Stage 2 – 2023), Tamil Nadu Motor Vehicles and Parts policy, etc.
The Website for Tamil Nadu Infrastructure Board was opened by the Chief Minister.
Full-fledged efforts are being made to relaise the long-range plan policy 2023. 14% annual production growth is targeted. Rs. 15,00,000 Crores are to be invested by 2023 as capital. 17 MoUs worth Rs. 26,645 Crores were signed today. The government will invest Rs.31,706 Crores as capital and provide jobs for 1,62,667. Tamil Nadu is considered ideal for fresh investment. From June, 2011 to January, 2014, Rs. 1,46,800 Crores has been invested in the state. The state has achieved 18.2% Capital Growth which is more than Gujarat, Karnatak, and Maharashtra.
The Chief Minister is set to organize International Investors’ Meet during October. The state government will fulfill all the obligation as per the MoUs.
CM told about her dreams about future economically well-developed India where Tamil Nadu will play a stellar role. Important sectors such as Power, Agriculture, Transport, and human resurces have been considered in this plan.
All senior officials participated.
