Anil Ambani, Mahindra, Deveshwar, Adani, Sajjan Jindal to participate in TN Global Investors Meet

This is the first time the state is organising the meet and is targeting MoUs worth over Rs 1 lakh cr

The who's who of India, including Anil Ambani, Anand Mahindra, Y C Deveshwar, Chanda Kochhar, Shiv Nadar, Sajjan Jindal, Gautam Adani, IOC Chairman B Ashok and others will be part of Tamil Nadu's first Global Investors Meet that will be inaugurated tomorrow.

"Our government is committed to making Tamil Nadu, a new growth model, among Indian states. I invite you all, to be our partners, in realizing my Vision of making Tamil Nadu, the numero uno among Indian states in all spheres of development," stated the invitation sent out by Tamil Nadu Chief Minister J Jayalalithaa.

During the two-day summit, Tamil Nadu Government has set a target to attract investments worth Rs 1 lakh crore and will have around 5,000 delegates from across the world.

 

Sources in the government said these investments would translate to around 1,50,000 jobs over the next three years. Over 100 MoUs would be signed during the two-days meet, where nine countries are participating.

Tamil Nadu-based corporate heads from TVS Group, Ashok Leyland, Murugappa Group are also expected at the inaugural function.

Union minister of state for commerce and industry, Nirmala Sitharaman, MOS Road Transport, Highways and Shipping Pon Radhakrishnan would be participating at the meet.

A delegation from US including senior representatives from companies like Amway, NCR Corporation, Uber, PayPal, SunEdison, Ford, IBM, and General Electric are expected to be in attendance.

Nicola Bolton, Managing Director (Global Trade Operations), UK Trade & Investment, London and Bharat Joshi, British Deputy High Commissioner in Chennai, will lead a large British business delegation

The state government has allocated around Rs 150 crore to conduct the Global Investors Meet.