Global Investors meet in Tamil Nadu in May 2015

By Sarkaritel November 14, 2014 12:04

Global Investors meet in Tamil Nadu in May 2015

Chennai, Nov 14  The Tamil Nadu government announced that it would hold the Global Investors Meet (GIM) in May next year.

In a statement issued here, the state government said the GIM would be held May 23-24, 2015 beckoning investors to take advantage of the opportunities available in Tamil Nadu.

At the GIM, the Tamil Nadu government proposes to highlight the following sectors: electronics and electronics hardware, textiles, agro and food processing, information technology (IT) and information technology enabled services (ITES), biotechnology and pharmaceuticals, automobiles and auto components, chemicals and petrochemicals, engineering and heavy engineering, infrastructure including roads, minor port development, power, industrial parks and special economic zones, urban infrastructure and renewable energy.

Before the main event in May, 2015, focused discussions with potential investors from the shortlisted sectors will be held to finalise their investment plans, so that a large number of memorandums of understanding can be signed on the day of the main event, the statement said.

The announcement came on a day when an official team from Gujarat came here to hold a road show about its mega investor event ‘Vibrant Gujarat 2015-The Global Business Hub’.

Gujarat’s finance, energy and petrochemicals minister Saurabhbhai Patel wooed the Tamil Nadu industrialists who face serious power cuts saying that his state has surplus power and nobody uses voltage stabilisers at their homes for refrigerators and televisions.

He also said the Gujarati women are happy at the liquor prohibition in the state and are not harassed by tipplers and others.

Patel said the law and order situation in Gujarat is good due to prohibition.

However, the Tamil Nadu government derives a major portion of its revenues from liquor sales which help it meet many of its freebie schemes.

By Sarkaritel November 14, 2014 12:04

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