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TN allots Rs 75 Cr for second edition of Global Investors Meet

Press Trust of India  |  Chennai 

: has allocated Rs 75 crore for conducting the second edition of its flagship Global Investors Meet, scheduled to be held in the next financial year, Minister D Jayakumar said today.

The conducted its first ever Global Investors Meet in September 2015 under the leadership of then Chief Minister the late An amount of Rs 100 crore was alloted then.

In the first edition of Global Investors Meet conducted in September 2015, the said it had signed 98 Memorandum of Understandings,attracting of Rs 2.42 lakh crore, generating employment to 4.70 lakh persons.

While presenting the budget for 2017-18,Jayakumar said "as already planned, the next Global Investors Meet will be held during 2017-18 to attract further industrial investment and Rs 75 crore has been provided for this purpose".

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 16 2017. 15:22 IST