CM of Tamil Nadu woos Jain community to invest in TN

  CM of Tamil Nadu Join Jain community to invest in Tamil Nadu

CM of Tamil Nadu

CM of Tamil Nadu Edappadi K Palaniswami on Fridayrpt Friday wooed the Jain Community to make substantial investments in the state.

Inaugurating the Jain International Trade Organisation (JITO) Connect here, he said the state offer several advantages to the investors.

Terming Tamil Nadu as a peaceful State, he said the law and order was maintained effectively and the govrnment provides Single Window Portal for clearing Projects.

The state also has a Business Facilitation Act to provide time bound clearances and renewals, as well as grievances redressal mechanism for projects.

Stating that CM of Tamil Nadu was one of the top three recipients of Foreign Direct Investment, he said uninterrupted Power supply, quality infrastructure facilities, transparent decision making, skilled human resources, make CM of Tamil Nadu the preferred destination for investors.

Recalling that former Chief Minister J Jayalalithaa had organised the first ever Global Investors Meet in September, 2015, in which more than 8000 industrialists had participated and investments worth Rs 2.42 lakh crore were made, he said investments worth Rs 62,738 crore have been materialised.

He said his Government has proposed to organise the Second Global Investors Meet on January 23 and 24 next year and requested all those present in the event to participate in it and make it a grand success.

CM of Tamil Nadu K. Palaniswami on Friday appealed to the Jain community for industrial investments in the state that offers several advantages.

Speaking at the Jain International Trade Organisation (JITO) Connect 2018 here, Palaniswami said the state offers advantages like single window clearance, peaceful law and order situation, uninterrupted power supply and human resource amongst others.

He said the state will be organising the second Global Investors Meet in January next year.

The first investors meet held in 2015 had more than 8,000 industrialists participating and Memoranda of Understanding (MoU) for an investment of around Rs 2,42,000 crore were signed.