In the wake of Chief Minister Jayalalithaa's decision not to allow multi-brand global players to set up hyper markets in the State, Tami Nadu Chamber of Commerce and Industry and its affiliated 300 associations in southern districts have decided not to take part in the all-India traders' bandh called on December 1 by Confederation of All India Traders (CAIT).

The decision followed intense discussions among trade body representatives during a meeting organised here on Monday by TN Chamber and Agro Food Chamber of Commerce and Industry.

Thanking the Chief Minister for opposing the Centre's move to allow 51 per cent foreign direct investment in multi-brand retail and 100 per cent in single brand retail, a resolution urging the AIADMK leader to meet the Prime Minister and press him to scrap the decision was also passed.

Addressing a press conference after the meeting, TN Chamber senior president S. Rethinavelu said that the State government's decision had negated the need for traders in Tamil Nadu to take part in the strike.