Kumari Palany & Co

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INDUSTRIAL INVESTMENTS IN TAMILNADU RISING

Posted on: 12/Aug/2010 1:54:29 AM
During the current fiscal in the first half Tamilnadu Government has signed 37 projects  worth Rs 46,091 crores  with some more projects in the pipe line estimated investments so far has been Rs 60000 Crores and  this is expected to cross Rs 75000 Crores in the next six months according to Industry officials. 

These projects according to officials have generated   employment opportunities for more than 2 lakh people. Business delegates from Bangladesh and Thailand have visited Tamilnadu and expressed interest in investing in Tamilnadu in automobile, electronics and renewable energy sectors.

A garment manufacturer is setting up a unit in Nanguneri that would provide jobs to nearly 10,000 people, while an engineering unit is establishing a plant in Coimbatore with an employment potential of 1,000 workers.

Bangladesh wants to invest in renewable energy. It is hard to get fresh investment into the State, when every other State in the country is competing with us on equal ground.