The recently concluded Global Investors Meet 2024 in Chennai has engendered investments to the tune of ₹699.17 crore for Dharmapuri, higher than the targeted investment of ₹546 crore earmarked in the run-up to the event, according to the administration.
The investments garnered for the district envisions employment for 2,567 job seekers in the district.
The two-day meet concluded on January 7 and 8 witnessed the State attracting ₹6,664,180 crore as investments, which include ₹3,79,809 crore towards industry; ₹1,35,157 crore towards service sector; ₹62,939 crore towards urban housing; ₹22,130 crore towards information technology; ₹63,573 crore towards MSMEs. The investments entail direct employment of 14,54,712 people; and an indirect employment of 12,35,945 people.
Here in Dharmapuri, the investments secured has entailed MOUs with 47 firms lending to cumulative investments of ₹699.17 crore, according to Collector K.Shanthi.
Areas of interest were identified and MOUs were inked in food processing, engineering, construction and allied industries, plastics among others.