GIM bettered its ₹2Lcr investment target, says EPS
D Govardan@timesgroup.com
Chennai:24.01.2019
The digital pegasus that flew in to shower petals at J Jayalalithaa at the first edition of TN Global Investors Meet in 2015 reappeared at GIM-2019 on Wednesday, this time to pay obeisance to Edappadi K Palaniswami. The deja vu played on as the chief minister announced that the state has exceeded its target of ₹2 lakh crore as investments (last time it was ₹2.4 lakh crore).
“If the response is any indication,” said Palaniswami, “GIM-2019 is not only a grand success, but it will be remembered as a historic event in the annals of industrialization of Tamil Nadu. I hope to make an announcement on the meet’s success and the investments garnered when we meet here tomorrow.” He recollected the contributions of “Amma” and her ‘Vision 2023’. “Tamil Nadu looks to the future with confidence and hope. This is a state that delivers and we are partners in the development of the state and the country,” Palaniswami said. And industry captains nodded. TVS Motors’ CMD Venu Srinivasan said, “We have an unassuming and hardworking CM, who is putting in efforts to make TN the number one state,” he said. Delegates and government representatives said manufacturing sector will have reasons to cheer at the end of the two-day meet.
Union defence minister Nirmala Sitharaman, who delivered the keynote address and released the state’s aerospace and defence industrial policy, recalled the state’s historical lineage in taking trade and culture overseas.
MRI mfg plant to come up near city
Chennai-based medical equipment manufacturer Trivitron Healthcare has planned to tie up with a Japanese company to manufacture magnetic resonance imaging (MRI) equipment in Sriperumbudur. “This will bring down the cost of the machine, which is currently in the range of ₹4 crore to ₹10 crore, by up to 50%, said company chairman G S K Velu on the sidelines of GIM on Wednesday. P 19
Tamil Nadu has become a power surplus state: Min
She said, “The Cholas established trade relationships with countries like Vietnam, Cambodia and Thailand. Like the CII and Assocham now, the Cholas had established trade associations then.”Highlighting the state’s strengths in education, she said she studied here. Tamil Nadu has become a power surplus state, thereby standing a higher chance in attracting investments. The Centre played the role of a facilitator, she said, laying emphasis on Prime Minister Narendra Modi’s initiatives to ensure “systemic reforms”.
Tamil Nadu Industries minister M C Sampath said the presence of more than 5,000 delegates from across the world is a testimony that Tamil Nadu is the most attractive investment destination in the country.
Defence minister Nirmala Sitharaman with CM Edappadi K Palaniswami, deputy O Panneerselvam and others during the second edition of GIM 2019
D Govardan@timesgroup.com
Chennai:24.01.2019
The digital pegasus that flew in to shower petals at J Jayalalithaa at the first edition of TN Global Investors Meet in 2015 reappeared at GIM-2019 on Wednesday, this time to pay obeisance to Edappadi K Palaniswami. The deja vu played on as the chief minister announced that the state has exceeded its target of ₹2 lakh crore as investments (last time it was ₹2.4 lakh crore).
“If the response is any indication,” said Palaniswami, “GIM-2019 is not only a grand success, but it will be remembered as a historic event in the annals of industrialization of Tamil Nadu. I hope to make an announcement on the meet’s success and the investments garnered when we meet here tomorrow.” He recollected the contributions of “Amma” and her ‘Vision 2023’. “Tamil Nadu looks to the future with confidence and hope. This is a state that delivers and we are partners in the development of the state and the country,” Palaniswami said. And industry captains nodded. TVS Motors’ CMD Venu Srinivasan said, “We have an unassuming and hardworking CM, who is putting in efforts to make TN the number one state,” he said. Delegates and government representatives said manufacturing sector will have reasons to cheer at the end of the two-day meet.
Union defence minister Nirmala Sitharaman, who delivered the keynote address and released the state’s aerospace and defence industrial policy, recalled the state’s historical lineage in taking trade and culture overseas.
MRI mfg plant to come up near city
Chennai-based medical equipment manufacturer Trivitron Healthcare has planned to tie up with a Japanese company to manufacture magnetic resonance imaging (MRI) equipment in Sriperumbudur. “This will bring down the cost of the machine, which is currently in the range of ₹4 crore to ₹10 crore, by up to 50%, said company chairman G S K Velu on the sidelines of GIM on Wednesday. P 19
Tamil Nadu has become a power surplus state: Min
She said, “The Cholas established trade relationships with countries like Vietnam, Cambodia and Thailand. Like the CII and Assocham now, the Cholas had established trade associations then.”Highlighting the state’s strengths in education, she said she studied here. Tamil Nadu has become a power surplus state, thereby standing a higher chance in attracting investments. The Centre played the role of a facilitator, she said, laying emphasis on Prime Minister Narendra Modi’s initiatives to ensure “systemic reforms”.
Tamil Nadu Industries minister M C Sampath said the presence of more than 5,000 delegates from across the world is a testimony that Tamil Nadu is the most attractive investment destination in the country.
Defence minister Nirmala Sitharaman with CM Edappadi K Palaniswami, deputy O Panneerselvam and others during the second edition of GIM 2019
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