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Tamil Nadu secured investments of over Rs 6.64 lakh crore at the Global Investors’ Meet (GIM 2024) organized by the DMK government. 📌 Chief Minister M.K. Stalin announced the success of the summit, emphasizing manufacturing, renewable energy, and infrastructure sectors. 📌 The previous GIMs in 2019 and 2015, organized by AIADMK governments, drew investments of Rs 3 lakh crore and Rs 2.42 lakh crore, respectively. 📌 Initiatives like #TamilNadu Public Private Partnership Policy and Semiconductor and Advanced Electronics Policy 2024 were introduced at #GIM 2024. 📌 #TANFUND, a one-stop initiative for coordinating startup investments, was launched at the summit. 📌 The total investment is expected to result in direct #employment for 14,54,712 people and indirect employment for 12,35,945 others. 📌 The commerce and industries department secured Rs 3,79,809 crore, and the energy sector attracted Rs 1,35,157 crore. 📌 Chief Minister Stalin visited foreign countries to attract investors, leading to employment #opportunities for 17,371 people and an investment of Rs 7,441 crore. 📌 The GIM is part of Tamil Nadu's plan to achieve a $1 trillion #economy by 2030, focusing on #rural and #urban employment, especially for #women. 📌 Key MoUs include Tata Power Renewable Energy's Rs 70,000 crore investment in a #solar photovoltaic plant in Tirunelveli. 📌 Sembcorp Industries invested Rs 36,238 crore to establish a green hydrogen plant in Thoothukudi. 📌 Adani Green Energy pledged Rs 24,500 crore investment in Tiruvannamalai for employment generation. 📌 Leap Green Energy will invest Rs 22,842 crore in an integrated #green hydrogen plant in Thoothukudi. 📌 Chennai Petroleum Corporation plans a Rs 17,000 crore petrochemical project in Nagapattinam, employing 2,400 people. 📌 Kauvery Hospital pledged Rs 1,200 crore for multi-speciality hospitals across the state. 📌 Hinduja Group aims to invest Rs 1,200 crore to expand #automobile manufacturing in Tamil Nadu. 📌 Tata Chemicals signed an #MoU with a Rs 1,000 crore investment for a chemical manufacturing unit in Ramanathapuram. 📌 The goal of achieving a $1 trillion economy by 2030 led to the unveiling of investor-friendly policies. 📌 The public-private partnership policy for infrastructure development jobs was introduced to attract investments. 📌 The semiconductor and advanced electronics policy offers incentives to chip design entities employing people from the state. 📌 Chief Minister Stalin emphasized the need for public-private partnerships in infrastructure projects. 📌 The state's zeal towards industrial growth and development was reflected in the MoUs signed at GIM 2024. 📌 Multiple policies were launched to make Tamil Nadu more investor-friendly in its pursuit of economic growth. 📌 The summit aimed at playing a key role in India's economic growth with a focus on industrial growth. 📌 The success of GIM 2024 indicates the state's commitment to achieving ambitious economic targets.
