Following in the footsteps of Vibrant Gujarat summit, Tamil Nadu government is going to organise a Global Investors Meet in May this year from which the state is expecting to attract investments to the tune of about Rs 1 lakh crore.
P Thangamani, Tamil Nadu industry minister said, "While Gujarat may be considered the trade gateway to the West, Tamil Nadu is considered the gateway to arguably the most competitive trade regions globally today, East Asia and Southeast Asia - Asia Pacific."
Tamil Nadu state government has organised road show in Ahmedabad on Friday to attract investors from Gujarat to participate in the global investors meet. The two-day meet will start from May 23.
"We are picking up best practices from Vibrant Gujarat and similar such events organised in other states and globally and expecting to attract about Rs 1 lakh crore investments from the meet," said C V Sankar, additional chief secretary to government, industries department, Tamil Nadu.
The state government had organised road shows in Delhi, Bangalore and Hyderabad before Ahmedabad to showcase Tamil Nadu government's investor-friendly environment.
About Gujarat visit, C V Sankar said, "Gujarat is vibrant indeed, and we're here for obvious reasons to solicit investments from the highly successful business community here. We have a considerable presence of Gujaratis in Tamil Nadu that have established their niche successes and contributed to Tamil Nadu's growth."
An official of the Tamil Nadu government claimed that Tamil Nadu was the first state to start single window clearance policy in India. The southern state also organised similar roadshows in Germany, France, Japan, Korea, United Kingdom and Abu Dhabi.
Sankar said, "Gujarat has very developed ports. We are also aiming to develop ports like this and for that we would like to join hands with Gujarati companies, if possible."
Tamil Nadu government is also focusing on sectors with more investment opportunities like skill development, renewable energy, arrow space, biotechnology, pharma, infrastructure, energy, petrochemical and solar power.
Over 3,000 companies from across the world are already present in Tamil Nadu, which shows investor friendly atmosphere of the state, said, a government official.
Tamil Nadu is the third largest states in terms of industrial output in the country. It is India's most industrialised state and has an urbanised economy.
