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TN investment pipeline highest in FY18 despite slowdown: JLL study

Employment commitment from industries is over 30,000 direct jobs in semi-skilled, skilled and unskilled categories

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Gireesh Babu Chennai
Despite reports that Tamil Nadu is losing out on industrial investments due to political uncertainities, the state has seen the value of investment proposals hit a four-year high, with a potential investment pipeline of Rs 19,033 crore, according to a research by real estate consultant JLL India. The state has seen over 46 investment proposals worth a cumulative Rs 37,381 crore since 2015, it said.

Following the Global Investors Meet held in September 2015, Tamil Nadu was initially not very active in promoting industrial investment. However, the Department of Industries and Guidance and Export Promotion Bureau are now diligently engaging with