Dr. T.R.B. Rajaa, the Honourable Minister for Industries, Investment Promotion, and Commerce, met with business executives, investors, and trade and commerce representatives in Mumbai. He made a strong case for investment in Tamil Nadu, a state he praised as a guarantee of all-encompassing development.
Speaking at the Tamil Nadu Global Investors Meet (TNGIM) 2024 – Mumbai Investment Conclave, Dr. Rajaa highlighted the remarkable economic growth story of the State. He emphasised that this was made possible by strong leadership and sound governance, which led to investors and multinational companies showing a strong desire to make investments 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,” Dr. Rajaa said.
Highlighting the exceptional industrial growth and diversity within Tamil Nadu, he noted, “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.”
In response to the visionary call of the Honourable Chief Minister, the Honourable Minister further highlighted Tamil Nadu’s quick progress towards its objective of being a $1 trillion economy by 2030, made possible by the cooperative efforts of all stakeholders.
“Our growth model is distinctive and focused on fostering uniform development across all sectors and regions. It ensures inclusivity, ensuring economic advancement’s benefits touch every citizen. We are committed to policy-driven governance.” Dr. Rajaa remarked.
In his address, Mr. Hans Raj Verma IAS, Chairman & MD, Tamil Nadu Industrial Development Corporation, spoke about the investment climate in the State, providing valuable insights into the opportunities available, including infrastructure enhancements and sector-specific prospects.
Mr. V. Vishnu IAS, MD and CEO, Guidance, offered a comprehensive overview of the industrial ecosystem in Tamil Nadu, sharing key insights during his presentation, focusing on strategic location and government initiatives to attract investors.
The event witnessed the active participation of diplomats and prominent industry leaders, all dedicated to accelerating the growth and development of Tamil Nadu’s industrial sector, as they engaged in fruitful discussions with government officials.
About Tamil Nadu Global Investors Meet (TNGIM)
The Global Investors Meet 2024 is being hosted by the Government of Tamil Nadu in order to give both domestic and international stakeholders a forum to network and discuss potential cross-sector investment opportunities. Global investors have the ideal opportunity to investigate industrial prospects and other areas of bilateral and multilateral partnerships at the summit.