Stalin woos investors in Dubai to invest in TN

Chennai, March 26 (SocialNews.XYZ) Tamil Nadu Chief Minister M.K. Stalin on Saturday invited investors in Dubai to take advantage of the opportunities available in the state, which he said would result in mutual growth.

A delegation from the state led by Stalin is in Dubai to mobilise investments to Tamil Nadu.

Addressing industrialists and businessmen in Dubai, Stalin said the government's goal is to make Tamil Nadu the global investment destination for manufacturing, services and other sectors.

He said that independent surveys have validated Tamil Nadu as a leading state in good governance, economic growth, and social and public health indicators.

Stalin said that 75 among the Fortune 500 countries have presence in Tamil Nadu, adding that the state is setting up an international furniture park, the first of its kind in India.

The Chief Minister said the southern state also offers investment opportunities in electric vehicles, cold storages and warehouses, among others.

Stalin pointed out that the state has signed 124 MoUs in the last 10 months, involving an investment of $8 billion.

He also said that Tamil Nadu had a positive GDP growth rate of 5.8 per cent in 2020-2021.

"This clearly shows the faith and confidence global investors have reposed in Tamil Nadu," he said.

Source: IANS

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