Tamil Nadu has attracted investments worth over Rs 9 lakhs in last 3 years: CM Stalin
Aug 21, 2024
Chennai (Tamil Nadu) [India], August 21 : Tamil Nadu Chief Minister MK Stalin on Wednesday said that the state has attracted investments worth over Rs 9 lakhs and created 31 lakh new jobs. He was speaking after inaugurating the 'Tamil Nadu Investment Conclave 2024' here.
"In the last 3 years, we have attracted Rs 9 lakhs and 74 thousand crores to create direct and indirect job opportunities for 31 lakhs of people. Everyone knows that investors usually prefer better law and order and a peaceful state. Entrepreneurs are confident in Tamil Nadu that they can run businesses here peacefully," Stalin said.
Stalin inaugurated 19 projects worth Rs 17,616 crore during the investment conclave. The Chief Minister also laid the foundation stone for 28 projects worth Rs 51,157 crore.
State Industry Minister TRB Raja said that the inaugurated projects would create 64,968 jobs in the state.
Notably, a MoU was signed between the Tamil Nadu government and Greenko Company to start 3 closed-loop pump storage facilities in the state, bringing an investment of Rs 20.114 crore and creating jobs for 1,500 people.
The Chief Minister also laid the foundation stone for 'TN ENGINE', which is a joint initiative of Tata Technologies and Tamil Nadu Engineering & Innovation Centre, to set up an advanced common engineering facility centre for 9 emerging technologies at a cost of Rs 400 crores on the Anna University campus, Coimbatore.
For the first phase, the Chief Minister laid the foundation stone for initial works worth Rs 166.88 crore today.
Tamil Nadu Industry Minister TRB Raja told ANI that the main focus of the state government in attracting investment is generating job opportunities for the people.
"A trillion-dollar economy is his (the CM's) focus and to get there, we will need a vibrant Tamil Nadu. For this, every corner of Tamil Nadu needs to see economic growth. Every investment that comes to Tamil Nadu is focused on creating jobs," Raja said.
"Today, you see that Rs 68,773 crores worth of inaugurations and foundation stone laying are happening and this will give employment to over 1.6 lakh people across the state. This will rejuvenate the entire local economy and help us achieve our one trillion-dollar economy goal. The world over, Tamil Nadu is the number one destination for investors who come to India. The world investors who come into India look for a place safe for women, infrastructure, a governance model, a government in place and others, this is what Tamil Nadu excels in," he added.
