- The CM also said that within 2030 the GDP of Tamilnadu will be increased to one lakh crore US dollars or one trillion economy.
- He has set a target to bring in investment of ₹23 lakh crore by 2030.
- The State government signed Memoranda of Understanding for 35 new projects at an investment conclave in Chennai.
- It is entailing investments worth over ₹17,000 crore.
- The Chief Minister of Tamilnadu MK Stalin launched the Single Window Portal 2.0 with over 100 services spread across 24 departments for existing and new investors in a fully digitalised manner
- The Guidance Tamil Nadu, the state nodal agency for investment promotion, entered into an MoU with the American Tamil Entrepreneurs Association to promote start-ups in the fields of innovation, research and development in Tamil Nadu.
- This digital accelerator program sanctions grants to start-up projects engaged in innovation, research and development.
- The state government has sanctioned Rs 5 crore for this programme.
Some of the major investment deals
- Danish auto component manufacturer Dinex’s unit in Mahindra World City, Coral Manufacturing Works’ unit in Erode are inaugurated.
- The foundation for liquid oxygen plant of INOX air products was laid at Hosur.
- JSW Renew Energy Two Limited at Thoothukudi, Tirunelveli, Dindigul, and Tirupur.
- German firm ZF Wabco at Sipcot Oragadam.
- Singapore firm Capita Land in Ambattur.
- Srivaru Motors in Coimbatore.
- TCS Phase 3 for at Sipcot IT park Siruseri.