6 MoUs worth Rs 3,750 crore signed in Dubai
Palaniswami had reached Dubai late on Sunday from the US.
CHENNAI: At the end of an investors roundtable in Dubai in the UAE on Monday, six industrial groups signed MoUs with the Tamil Nadu government to invest Rs 3,750 crore in the state, which is expected to generate 10,800 new jobs.
The MoUs were signed in the presence of the Chief Minister, Mr Edappadi K. Palaniswami in the final leg of his three-nation tour including the UK and USA where he sought to woo investors to attract more FDI to Tamil Nadu.
Mr Palaniswami had reached Dubai late on Sunday from the US.
The investors’ roundtable was hosted by the Business Leaders Forum (BLF), an initiative of the UAE’s Ministry of Economy, the Indian Embassy in the UAE, the Consulate General of India in Dubai, and the India Trade and Exhibition Centre.
Addressing the investors, Mr. Palaniswami emphasised that, “Tamil Nadu has been taking various initiatives to promote sectors like e-vehicle manufacturing, electronics, hardware and software, food processing, aircraft MRO facilities, and so on.”
It would be mutually beneficial if investors from UAE invest in Tamil Nadu, he underscored.
State Ministers including M C Sampath, R. B Udayakumar and K T Rajenthra Bhalaji, besides top officials led by Chief Secretary, K Shanmugam are travelling with him. Mr. Palaniswami is scheduled to reach Chennai in the wee hours of Tuesday.