Once a hotspot, Tamil Nadu near bottom among southern states on investments

Experts say Sterlite stir, similar agitations could further dampen State's image as an industry-friendly investment destination

In what is being seen as a corroboration of the general sentiment that Tamil Nadu is losing out to other states in attracting investments, data shows that there has been a downtrend in the value of proposals in the state the past few years. The exception was the year 2015, when the State held a Global Investors' Meet (GIM).

Tamil Nadu was at the bottom in terms of value of investment intentions, among the four major industrial states in the south during 2017, according to the data available from Union Ministry of Commerce and Industry.

For the year