To focus on technology, sunrise sectors

To focus on technology, sunrise sectors
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Highlights

To focus on technology, sunrise sectors. n an effort to maintain Chennai as a preferred investment destination, the Government of Tamil Nadu is organising two-day ‘Global Investment Meet’ on September 9 and 10 this year. It aims to attract investment from overseas corporations vis-à-vis local companies in a big way.

Global Investment Meet 2015

Hyderabad: In an effort to maintain Chennai as a preferred investment destination, the Government of Tamil Nadu is organising two-day ‘Global Investment Meet’ on September 9 and 10 this year. It aims to attract investment from overseas corporations vis-à-vis local companies in a big way.

According to officials, the meet is expected participation of around 3,500 delegates, out of which a 1,000 will be come from global conglomerates. The government has already organising promotional road-shows in the major cities, officials added.

Vijay Pingale, Joint Secretary, Industries Department, Government of Tamil Nadu and the nodal officer for the meet, said, “The government is targeting to rise about Rs1 lakh crore through this global meet. We portray Tamil Nadu as an investment paradise. The meeting will host country specific seminars, pavilions, exhibitions etc making the event a unique.”

Besides, it will provide a platform for networking on investment and growth opportunities and showcases the strengths of Tamil Nadu. More than funding, the government is looking for tie-ups in technology upgradation and expertise, the officials said.

The meet will also project the country specific strengths like FDI, ease of doing business, Make-in-India concepts, apart from state’s strengths like manufacturing hub for automobile, electronic products besides spares and ancillaries. It will also focus on infotainment seminars particularly in the areas of graphic designs in order to attract talent and film houses from Bollywood and Hollywood.

The meet will explains about industrialisation plans of the host-state, in terms of industrial corridors, industrial parts, special investment regions and the benefits and incentives being offered by state and central governments. It will focus on sunrise sectors like Aerospace, defense, biotechnology, renewable energy, agro & food processing and pharmaceuticals.

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