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Tamil Nadu Receives RS 6500 Crore Investment in One Year: Chief Minister
Nov 07, 2019

Tamil Nadu has received Rs 6500 crore investments in the last one year after an appeal made to the captains of the industry in the state. This has resulted in 60000 new employments in the state said Hon’ble Chief Minister of Tamil Nadu, Edappadi K Palaniswami, while inaugurating the 18th edition of CII Connect 2019, an International Conference and Exhibition on Information and Communication Technology on the theme Technology at the Heart of India's $ 5 Trillion Economy at the Chennai Trade Centre. Connect 2019 is jointly organised by Confederation of India (CII) along with Government of Tamil Nadu.

He said that the first CII Connect was inaugurated by the late Chief Minister J Jayalalithaa in 2001 on a positive note that the state would see a great development in the ICT sector and remain in the forefront of technological development in all possible ways. The Chief Minister noted that the peaceful atmosphere and the human resource available in the state have made things possible for investors across the spectrum to come and start their business and the IT industry indeed had seen tremendous growth in the last few years.

"The state government's electronics manufacturing policy has seen the creation of an ecosystem for IT parks and start-ups, besides the formulation of e-governance and 12000 E-Seva centres with 120 services for the benefit of 4.80 crore people as of now,'' said Hon’ble Chief Minister and added that as many as 12524 villages in the state have been provided with internet services at an investment of Rs 500 crore.

The Chief Minister also released the CII Report on Thought Leadership on the occasion which also saw the launch of Tamil Nadu e-governance Agency (TNeGA) Key Initiatives.

R B Udhayakumar, Minister for Revenue and Disaster Management and Information Technology, Government of Tamil Nadu, said Tamil Nadu has a vibrant IT policy to help the common man in getting all types of services through the internet, artificial intelligence, blockchain, virtual reality, to name a few. He also said the state has put in place an ecosystem for a knowledge-driven society what with the creation of jobs in the IT sector in large numbers besides forming a new infrastructure in areas of health, education, and other aspects of life, both in the urban and rural regions.  

Sanjay Jayavarthanavelu, Chairman, CII Southern Region, lauded the efforts of Tamil Nadu Chief Minister Edappadi K Palaniswami in making the state a number one global destination with the unveiling of several path-breaking policy initiatives and measures for the creation of IT corridors and IT Parks. He also noted that the recent meeting between Indian Prime Minister Narendra Modi and Chinese President Xi Jinping at Mahabalipuram in Chennai has brought an impetus to the state's development in so many ways. He further said that the CII and the Tamil Nadu Government worked in tandem for the overall growth of the industry in the state.

S Chandramohan, Chairman, CII Tamil Nadu, thanked Chief Minister of Tamil Nadu for his proactive efforts for the growth of Industry in the state as also attracting investments and making Tamil Nadu the number one state in the country.

Coinciding with Connect 2019, A two-day International exhibition is being organised by CII which showcases the strength of Tamil Nadu in the ICT spectrum. Around 70 plus exhibitors from IT and ITES Companies, Electronic and hardware companies, gaming and animation companies exhibited their product and technologies at the exhibition which is expected to attract 10000 business and trade visitors during two days.

7 November 2019

Chennai

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