Tamil NaduA’s first global investor set for Wednesday

Chennai, Sep 8 (IANS) Tamil Nadu’s first Global Investors Meet (GIM) which is expected to attract over Rs.100,000 crore of investments is all set to be kick started here on Wednesday.

Around 5,000 delegates from different parts of India and the world are expected to participate in the two-day event at the Chennai Trade Centre.

“Our government is committed to making Tamil nadu, a new growth model, among Indian states. I invite you all, to be our partners, in realising my vision of making Tamil Nadu, the numero uno among Indian states in all spheres of development,” Chief Minister J.Jayalalithaa was quoted as saying in the event invitation card.

While Jayalalithaa would inaugurate the Rs.100 crore investor meet, exhibition and deliver the inaugural address, union ministers Pon Radhakrishnan and Nirmala Sitharaman would deliver special address.

The objective of the event is to build brand equity of Tamil Nadu globally, showcase strengths of the state, potential investment opportunities and a platform for networking.

According to state government officials, several leading industrialists like Anil Ambani, Anand Mahindra, Baba Kalayani, Subhash Chandra, Shiv Nadar and others are expected to be present at the meet.

The focus sectors for investment are aerospace, agro and food processing, automobile, auto components, chemicals, petrochemicals, minerals, electronic hardware, heavy engineering, information technology (IT), IT Enabled Services (ITES), infrastructure, pharmaceuticals, bio-technology, renewable energy, textiles, apparels and skill development.

The event has nine partner countries- Australia, Canada, France, Italy, Japan, Korea, Russia, Singapore and Britain.

Thirty companies from Britain will showcase their products, services and technologies at the UK Pavilion.

The British business delegation is led by Nicolo Bolton, managing director (global trade operations), UK Trade & Investment, London and Bharat Joshi, British deputy high commissioner in Chennai.

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