TRB Rajaa, TN Industry Minister, at an interview in Chennai|Picture Credit: BIJOY GHOSH
Tamil Nadu Chief Minister MK Stalin will lead a State financial investment delegation to UK, Germany later on this month in a quote to pitch the State’s strengths to the European nations, TN Minister for Industries, Investment Promotions and Commerce in the Government of Tamil Nadu, TRB Rajaa stated here on Wednesday.
The CM will be checking out the nations in the added to the TN Rising Europe financier conclave, he included, keeping in mind that Tamil Nadu wishes to be the very first in India to benefit from the brand-new Free Trade Agreement with the United Kingdom.
Speaking on the United States tariffs, Rajaa pointed out that the TN federal government stands with the Centre on the problem. This is a nation’ s concern and we will be one as a nation, that is the celebration’s position, he stated. He included that the Union federal government must seek advice from vital States such as Maharashtra and Tamil Nadu on how to browse the problem.
Resolving media individuals, Rajaa likewise kept in mind that Tamil Nadu has actually attained a 77 percent discussion rate on all its financial investment MoUs signed considering that 2022, up from the 72 percent stated throughout the last assembly session. “Furthermore, 80 percent of the MoUs at TN Global Investment Meet have actually been grounded and advancing well,” he included.
The federal government had actually just recently revealed 41 financial investment Memoranda of Understanding (MoUs) signed as part of the Thoothukudi edition of the TN Rising Investors Conclave. These MoUs are anticipated to bring the State an overall financial investment of 32,554 crore and likewise produce 49,845 task chances. It has actually likewise prepared local financier conclaves in Hosur and Coimbatore.
Created to catalyse development in Tier 2 and Tier 3 cities, the TN Rising conclaves are anticipated to drive development of regional micro little and medium business and assist them end up being important parts of international and domestic supply chains by assisting in increased market gain access to, innovation collaborations, and capability structure. Hosur and Coimbatore are to name a few locations set to host future editions of TN Rising conclaves.
The GIM kept in January 2024 saw financial investment dedications amounting to 6,64,180 crore with direct job opportunity for 14,54,712 individuals and overall work for 26,90,657 individuals. The varied financial investments originated from semiconductors, GCCs, EVs, shoes and fabrics.
Released on August 20, 2025
