There will be at least eight partner nations for the Tamil Nadu Global Investors Meet 2015, the biggest investor promotion campaign the State has ever seen.
According to highly placed sources in the government, Japan and France had already committed themselves as partner countries. At 4 p.m. on Thursday, the United Kingdom sent official confirmation that it will also be a partner nation. It was immediately showcased on the website. “Five more countries are likely to partner us for the event and they have all agreed orally. There is still one month time and they all will be on board,” said a senior official.
Free space at exhibition
Meanwhile, the Tamil Nadu government has announced that it will host an exhibition on the sidelines of the Global Investors Meet (GIM) 2015 on May 23 and 24 at Chennai Trade Centre. Interested participants can register on the event websitewww.tamilnadugim.com.
The government has decided to allot free space to the exhibitors. But the final selection will be done by a committee , an official release said. Anyone who exhibits their products at GIM 2015 stands to benefit as over 5,000 national and International delegates are expected to participate in the event.
Products and services of over 250 companies and partner nations will be displayed at the exhibition. The closing date for registrations for the exhibition is April 25.
Asked why the space was being allotted free, officials said the budget was not a problem for the event that is being staged to showcase the strength of Tamil Nadu which has been an investors’ paradise for decades.
“Many MNCs with a huge presence may not be interested in showcasing their products in the event. Similarly, high prices could be prohibitive for the Micro, Small and Medium Enterprises (MSME) sector in which the State is a pioneer,” said an official.
“The MSME sector will be allotted 15 per cent space, the manufacturing sector 17 per cent space and so on in the exhibition. The objective is to showcase Tamil Nadu’s best,” says the official.
A set of criteria has been evolved to arrive at the right mix in the exhibition to enhance the vibrant ancillaries and industrial vendor sector that serves as the backbone of industrial investment.
Ruling out any political interference in the selection procedure, officials promise total transparency and say that the results will be declared on the website a few days after the closing date.
Good response
According to the release, responses have poured in fast , given the exciting array of 12 focus sectors that includes food processing and agribusiness, automobile and auto components, renewable energy and electronics hardware .
To attract further investment, the Industries Department has already conducted two legs of international road shows and received overwhelming response. The government also has conducted road shows in Bengaluru, Hyderabad and New Delhi. More road shows will be on in Mumbai, Ahmadabad, Pune and Kolkata as well as five locations in Tamil Nadu to interact with the domestic investors and explore the potential of expansion in the State.
For details, call 8056202050, 9952944630 or 9994212176.
