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TN govt implements 62 MoUs signed during Global Investors Meet 2015

In total, 98 MoUs were signed with different industries

A picture of Amway's first manufacturing facility in India, at Nilakottai in the Dindigul district of Tamil Nadu
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A picture of Amway’s first manufacturing facility in India, at Nilakottai in the Dindigul district of Tamil Nadu

T E Narasimhan Chennai
The Tamil Nadu government on Monday said 62 out of the 98 Memoranda of Understanding (MoU) signed with industries during Global Investors Meet (GIM) are in various stages of implementation.
 
These MoUs were signed at the first Global Investors Meet (GIM) in 2015 committing a total investment of Rs 2,42,160 crore over the next 3 to 7 years.  Of these, as many as 62 projects with a committed investment of Rs 63,212 crore are in various stages of implementation, said Tamil Nadu Governor Vidyasagar Rao while addressing the State Assembly on Monday.
 
He added, seven projects, with an