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TN attracts Rs 6 lakh crore

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BS Reporter Chennai

Tamil Nadu has attracted investments worth Rs 6 lakh crore through around 1,250 projects in the last three years. Of this 630 projects valuing around Rs 2.80 lakh crore are in various stages of implementation.

The state is likely to attract investment worth $3 billion (around Rs 14,000 crore) in car production in 2010.

Speaking at the inaugural session of the Partnership summit 2010, organised by the Confederation of Indian Industry here, deputy chief minister MK Stalin said “despite the slowdown, the state ranked first in the country in attracting foreign direct investments to the tune of $8-9 billion.”

The state is planning to form a dedicated project facilitation committee, said Rajeev Ranjan, principal secretary – industries.

 

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First Published: Jan 25 2010 | 12:15 AM IST

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