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CM Vijay begins first overseas visit to attract investment
Tamil Nadu Chief Minister C. Joseph Vijay is going to London for his first official overseas visit.
He will travel through Dubai and stay in the United Kingdom until September 16.
A team from the state will meet businesses and investors.
They will explain why Tamil Nadu could be a good place to build factories and technology companies.
Vijay will also attend an investors’ conference in London.
The state wants to grow its economy to $1.5 trillion by 2036.
Tamil Nadu has already announced agreements with many companies, but it is competing with other states for new projects.
The visit is intended to turn interest from businesses into firm investment commitments.
Tamil Nadu Chief Minister C. Joseph Vijay is scheduled to leave Chennai for London on Thursday night.
Vijay will remain in the United Kingdom until September 16 and is expected back in Chennai on September 17.
A state delegation will meet investors and company representatives and attend a London investors’ conference.
The government aims to attract investment in manufacturing, technology and other emerging industries.
Tamil Nadu says it signed agreements with 104 companies worth Rs 1,02,514 crore in proposed investments and 1,21,788 potential jobs during its first 110 days.
- Who
- Tamil Nadu Chief Minister C. Joseph Vijay, accompanied by a high-level state delegation, will visit London.
- What
- The delegation will meet investors, attend an investors’ conference and promote Tamil Nadu as an investment destination.
- Where
- The visit begins in Chennai and includes London, with travel through Dubai.
- When
- Vijay is scheduled to depart Thursday night, remain in the United Kingdom until September 16 and return on September 17.
- Why
- The visit aims to attract domestic and overseas investment and support Tamil Nadu’s goal of expanding its economy to $1.5 trillion by 2036.
Key facts
- Departure
- Thursday at 10 p.m. from Chennai, traveling via Dubai
- Expected return
- September 17 at 8 a.m. in Chennai, via Dubai
- Visit duration
- The United Kingdom stay is scheduled to continue until September 16
- Main program
- Investor meetings and a London investors’ conference
- Economic target
- Expand Tamil Nadu’s economy to $1.5 trillion by 2036
- Reported agreements
- 104 companies; proposed investments of Rs 1,02,514 crore and 1,21,788 potential jobs
- Competitive context
- Tamil Nadu is competing with Andhra Pradesh and other states for major industrial projects
Sources
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