After Palaniswami took over as chief minister in February 2017, cumulative foreign direct investment (FDI) rose by Rs 46,427 crore from Rs 133 trillion (April 2000 to March 2017) to Rs 180 trillion
The official in the Department for Promotion of Industry and Internal Trade (DPIIT) said that they are currently working on a policy for e-commerce sector and are examining several issues under that.
Recently, the government relaxed foreign investment norms in sectors such as single-brand retail trading, coal mining and contract manufacturing
The Union Cabinet also approved 100% FDI under automatic route in coal mining and associated infrastructure
The commerce and industry minister said his ministry has also identified sectors and countries which holds huge potential for investments in India