Chief Minister V. Narayanasamy on Saturday said an investors summit would be held in October to showcase the potential for industrial growth in the Union Territory.
Addressing the southern council meeting of the Confederation of Indian Industry, he said the industrial policy announced last year had evoked tremendous response from industrialists from within the country and abroad.
However, post- demonetisation inquiry for setting up industrial units had come down. Against this backdrop, the territorial administration is planning to hold an investors summit in October.
Invited to London
The Chief Minister said he had been invited by the London Chamber of Commerce for an interaction.
Positioning the UT as a safe investment destination, the Chief Minister said apart from the availability of adequate infrastructure, including power, the biggest advantage was the peaceful atmosphere here.
Mr. Narayanasamy said his government had given priority to law and order to make the Union Territory an ideal choice for investment and tourism destination. Another advantage, he said, was the accessibility factor.
The entire administration, including the Lt. Governor, Ministers and bureaucrats, were easily accessible to discuss official matters, he added. The government had restored air connectivity and was working towards realising cargo operations from the port, he said.
Mr. Narayanasamy said he was optimistic about bringing in more flight services. and making the port operational. The two projects would pave the way for industrial growth and add impetus to tourism.
Cruise service
Later interacting with CII members, he said the Union Shipping and Transport Minister had agreed to give consent for cruise services between Chennai and Puducherry if operators came forward.
The Minister had agreed to provide adequate funds to develop infrastructure in the port area, he added.
Chairman of CII, southern region, Vikram Kirloskar, deputy chairman, southern region, R. Dinesh, regional director, southern region, Sathish Raman, chairman, Puducherry chapter R.D Shrikanth and vice-chairman M. Nandakumar were present.
