TN's investment promotion campaign witnesses 'Logistics Push' in Jaipur

Tamil Nadu globle investors meet Jaipur, TN investment promotion campaign, Jaipur, Maharaj Jai Singh, MSME, FICCI Rajasthan State Council
Jaipur : The Government of Tamil Nadu today led an investment promotion campaign delegation to Jaipur, with the objective of articulating its investment opportunities for the business fraternity of Rajasthan. While key aspects of competition between the two States were evident, viz. share of cluster based industries like auto, vibrancy of the MSME sector, labour productivity, etc.

But industrial logistics emerged as the central theme bringing about a unity of purpose for States engaged in the ‘Make in India’ mission.Maharaj Jai Singh, Chairman of the FICCI Rajasthan State Council, highlighted the perspective of the domestic road show circuit and response received from participants to date.

“Tamil Nadu accounts for over 15% of the total MSMEs, the highest in India, providing employment to over five million people. In the last decade, the number of MSMEs has grown by over three times. Manufacturing units in Tamil Nadu produce over 8000 varieties of products, both for domestic and export markets. This has only been possible because of the infrastructure development initiatives, proactive policy framework and support extended to MSMEs by the State Government”, said Mr. Jayant Kumar IAS, Secretary, MSME Department, Government of Tamil Nadu.

Dr. Veerappan V., Co-founder of Tessolve Semi-conductor, while presenting the prospects for the industry in both the States due to the Smart Cities campaign, emphasized on the affinity towards the hi-tech sector and corresponding skills development that Tamil Nadu consistently exhibits. It was due to this, he said, that the 12 smart cities envisaged in Tamil Nadu would all be success stories.

Eswararao Nandam, President, Special Economic Zones at SREI Infrastructure Finance delineated the specific State led policies which could accelerate and sustain the rate of investment absorption in large-scale infrastructure projects, and explained how the policies of the Tamil Nadu Government were attuned in that direction.

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