Investment agreements amounting to more than Rs.2 trillion was signed by The Tamil Nadu government during a two-day Global Investors Meet that ended on Thursday.
Chief minister J. Jayalalithaa told the valedictory event of the investors� meet in Chennai, I repeat with pride, the total amount of investments that have been finalized during the investors` meet is an unprecedented Rs.2, 42,160 crore.
A total of 98 memoranda of understanding were signed. Companies such as SunEdison Inc., HCL Technologies Ltd, Cognizant Technology Solutions, ITC Ltd, Adani group, MRF Ltd and Delta India Electronics were among the signatories.
Close to half the investment committed will go to the southern districts�Madurai, Tirunelveli, Tuticorin, Thanjavur and Kanyakumari. A big chunk will go into the development of the Madurai-Tuticorin industrial corridor and another large investment into setting up a liquefied natural gas terminal at Tuticorin.