Chennai: State government on Thursday announced a global investors’ meet (GIM) on 23-24 May to be held at the Chennai Trade Centre.
A world-class exhibition showcasing the TN’s strength, investment opportunities and financial support will be the main attraction of the investors’ meet. An official release from the secretariat said Japan, US, France, Germany, UK and South Korea have been roped in as partner nations for the event.
During the two-day meet the state will highlight sectors like electronics, hardware, textiles, agro and food processing, IT and ITeS, biotechnology, pharmaceuticals, automobiles, chemicals and heavy engineering to attract foreign investment
Potential investors from the shortlisted sectors will be given an opportunity to finalise their investment plans, so that a large number of MoUs could be signed on the day of the main event.
Trade bodies like Jetro (Japan external trade organisation), Usibc (US-India business council), Kotra (Korea trade-investment promotion agency), are some of the partner organisations for the event. The state had also proposed to sign agreements with major industry associations like CII, FICCI, ASSOCHAM and MCCI on the occasion.
Pricewaterhouse Coopers (PwC) has been selected as knowledge partner for this showcase meet and the Tamil Nadu industrial guidance and export promotion bureau will function as the secretariat for conducting the event, the release added.
“It is a first-of-its-kind event in Tamil Nadu and is a brain child of our party leader Jayalalithaa. She has already issued a road map for us to follow and the process has begun,” industries minister P. Thangamani told DC.
“The objective of the exhibition is to showcase the potential of the state and seek global investments,” said a senior official. Several Japanese firms are now positive towards investing in TN and they are impressed with the business friendly environment and port connectivity,” a senior official said.
Investment promotion, the simplification of the procedures, improvement of the regulatory clearances, HR development and the fast tracking of infrastructure projects will be the main themes of the investors meet, the official added.
