Tamil Nadu pitches its strengths at Global Investors Meet roadshow in Mumbai

CHENNAI: Tamil Nadu minister for industries, investment promotion and commerce TRB Rajaa on Thursday met business leaders, investors and trade and commerce representatives in Mumbai pitching the state's strengths.

Addressing the Tamil Nadu Global Investors Meet (TNGIM) 2024- Mumbai Investment Conclave, Rajaa highlighted the investor-friendly ecosystem and ease of doing business in TN and urged investors from the financial capital to invest in the state.

"Investing in Tamil Nadu assures robust growth. This state boasts of highly skilled human resources and a governance framework rooted in progressive policies, and giving top priority to inclusivity and sustainability," Rajaa said at the gathering.

"We stand as sector leaders in automobile, electric vehicles, global capability centres, renewable energy components and medical device manufacturing, among other sectors. Tamil Nadu is the premier choice for investment in this region, a fact underscored by our top rank in Niti Aayog's Export Preparedness Index, 2022," he added.

Rajaa also spoke about the forthcoming Tamil Nadu Global Investors Meet scheduled for January 7-8, 2024 calling it an ideal platform to showcase the state's growth potential.

Saint-Gobain, Omron, Foxconn, Amazon, Coherent, Hitachi Energy and others are a few global names that have either established or expanded operations in Tamil Nadu in the recent past.

Hans Raj Verma IAS, chairman & MD, Tamil Nadu Industrial Development Corporation, spoke about the investment climate in the state, providing insights into the opportunities available, including infrastructure enhancements and sector-specific prospects.

V Vishnu IAS, MD and CEO, Guidance, offered an overview of the industrial ecosystem in Tamil Nadu focusing on the government initiatives to attract investors.

The event saw participation of diplomats and prominent industry leaders.