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Tamil Nadu Chief Minister M K Stalin has embarked on an eight-day trip to Spain in a bid to attract investors to the state. During his visit, he plans to engage with prominent industrial companies such as ROCA and Gestamp, as well as the investment organization Invest in Spain, to discuss potential investment opportunities in Tamil Nadu. Stalin expressed his hope to capture the attention of the European Union and secure investments from European countries as well. His ultimate goal is to propel the state towards becoming a one trillion dollar economy by 2030. Stalin is scheduled to return to the city on February 7.
Highlighting the success of his previous foreign trips, the Chief Minister mentioned that visits to the United Arab Emirates resulted in significant investment commitments, creating thousands of jobs. Trips to Singapore and Japan also yielded positive outcomes, with substantial investments and employment opportunities secured. The swift implementation of these agreements has led to the establishment of factories by companies like Omron, Mitsubishi, CapitaLand, and LuLu International Group in Tamil Nadu.
In line with his previous efforts, Stalin intends to organize an investors’ meet in Spain, which will be attended by leading investors, business organizations, and entrepreneurs from the country. He plans to showcase the favorable investment environment, infrastructure, and skilled workforce of Tamil Nadu during the event.
The news was first published on January 27, 2024, at 10:02 PM IST.
Tamil Nadu Chief Minister M.K. Stalin has announced plans to hold an investors’ meet in Spain in an effort to boost the state’s economy to a trillion-dollar level. The meet aims to attract foreign investments and foster economic growth in Tamil Nadu. This initiative highlights the government’s commitment to creating a favorable business environment and expanding international partnerships. By engaging with potential investors, the CM aims to accelerate Tamil Nadu’s economic development and position it as a key investment destination.
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