How Tamil Nadu continues to attract investors despite the pandemic

Tamil Nadu government's success rate (percentage of MoUs materialising) has been good despite all the macro challenges

Industry’s preference for Tamil Nadu has not diminished despite the pandemic.
 

The state signed 80 deals worth Rs 66,000 crore in 2020. These investments are expected to create nearly 121,000 jobs. Since 2015, the government has signed MoUs (memoranda of standing) worth Rs 5.5 trillion and the most recent ones are with Ola, defence major The Crown, Tata Group’s Voltas, and 14 other companies which have signed MoUs to invest Rs 19,995 crore last week. But the big question is: Will these MoUs turn into investment?
 

The administration and experts agree that not all will come into effect immediately. It