Tamil Nadu CM calls out MNC’s for investment in the state

The State of Tamil Nadu has established multiple business transactions. The Chief Minister Edappadi K Palaniswami has taken accountable measures that will empower the Indian Economy. He has personally reached out to over heads of 13 companies. These are the prestigious firms that hold an indigenous place in the US.  Not only do these firms have a capacity of global out reach. But also they have a significant brand importance. All of these organizations belong to the electronic sector.

The CM has written to prominent business tycoons. These include Apple CEO Tim Cook. Samsung president and CEO Kim Hyun Suk. Amazon CEO Jeff Bezos. Lastly, HP president and CEO Enrique Lores. The CM is on the verge of linking 17 MoUS. These will allow the state to attract an invest of over 15,000 Crores Indian Rupees.

Advertisement

These letters describe the privileges of working in Tamil Nadu. They promise the companies government support in the form of subsidies and tax reforms as MNC’s. They also promise possible advantages of growth and revenue matching the different company’s status quo. “The positive steps taken by the government is already showing results.  Evidenced by the fact that the state could sign MoUs. With 17 foreign investments for Rs 15,128 Crore. This shows that Tamil Nadu is the best destination for investment even in this pandemic situation,” it said.