The two-day Global Investors Meet (GIM) commenced at Chennai's Trade Centre on Sunday, with the ruling DMK government in the state taking the lead in hosting the event. With participants from 30 nations, the state has strategically developed robust infrastructure for Electric Vehicle (EV) manufacturing and microchip production, drawing considerable attention.
On the inaugural day of the GIM, the Tamil Nadu government successfully attracted an overall investment of Rs 55,654 crore. Renowned companies such as Hyundai, Qualcomm, Tata Electronics, and others entered into Memorandums of Understanding (MoUs) with Tamil Nadu, committing to the creation of nearly 58,000 jobs.
Underlining the GIM's emphasis on the knowledge economy, Tamil Nadu Industries Minister TRB Rajaa highlighted the state's pivotal role in propelling India to a prominent position in the global economic landscape. He expressed, "GIM will demonstrate how Tamil Nadu will enable India to reach its rightful place in the global economy and act as a turbo engine for India’s growth."
Participating in the event, Union Minister Piyush Goyal emphasized that fostering a spirit of collaboration, cooperation, and a healthy element of competition among states will drive economic growth.
Chief Minister MK Stalin extended a warm welcome to the heads of global mega-companies, highlighting the historic significance of the land. He asserted, "We will prioritize women empowerment, and I have set a goal to achieve a 1 trillion dollar economy for Tamil Nadu by 2030," signaling the state's ambitious economic aspirations.
