At the Global Investment Meet (GIM), investments of Rs 6.64 lakh crore have been attracted, according to Tamil Nadu Chief Minister MK Stalin. The goal of these investments is to create 26.9 million jobs in the region. It is one of the 14.54 million direct jobs that the investments will create. Stalin promised state assistance to investors and granted them single-window permits for their ventures.
Along with the Chief Minister's trip to Spain on January 28, which includes stops in Australia and the US, the State Industries Department will be at the Davos conference to highlight Tamil Nadu's capabilities. The goal of the GIM was to create high-quality jobs throughout the state in addition to investment figures.
The administration is focusing on industries that create mass jobs, such as non-leather footwear, in addition to cutting-edge areas like electric cars, semiconductors, quantum computing, and battery cell production. The total amount of proposed investments at the summit exceeded the state government's goal of luring Rs 5 lakh crore.
The Chief Minister presented plans to turn Tamil Nadu into a $1 trillion economy by 2030, as well as policies pertaining to sophisticated electronics and semiconductors, public-private partnerships, and more, during the summit.
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