The Tamil Nadu Government on Thursday announced that the Global Investors' Meet (GIM) would be held during May 23-24 next year in Chennai to showcase the ample endowments and boundless potential of the State.
Among the sectors that would be highlighted were electronics and electronics hardware, textiles, agro and food processing, IT/ITES, automobiles and auto components, chemicals and petrochemicals, engineering and heavy engineering, Infrastructure including roads and minor port development, industrial parks and SEZs, urban infrastructure and renewable energy.
The government, in the budget for 2014-2015, set apart Rs. 100 crore for the proposed event.
An exhibition which would display the State’s competitive strengths, investment opportunities, avenues of collaboration, investment facilitation mechanisms and financial support would be held during the event. Partner nations such as Japan, USA, France, Germany, UK and South Korea and other partner organisations would take part in the exhibition.
The GIM would be preceded by focused discussions with potential investors from the shortlisted sectors so that a large number of MoUs could be signed during the Meet.
PricewaterhouseCoopers (PwC) had been selected as a knowledge partner for the event and the Tamil Nadu Industrial Guidance & Export Promotion Bureau (Guidance Bureau) will function as the Secretariat for conducting the event, according to the release.