Ten companies from the IT and manufacturing sectors have met State government officials and pledged to invest around Rs. 20,000 crore. These firms held discussions with officials from the Industries department and gave their proposals.
“Some of the firms were participants at the Global Investors Meet. They evinced interest in investing here after the meet,” a senior government official said. “The MoUs will be inked soon,” he added.
Of the 98 firms that signed MoUs during the recently concluded Global Investors Meet, 28 have been allocated land by the State government.
Another senior official in-charge of project approvals said, “Twenty-eight firms have got the land and work would commence soon. Some companies are in the process of purchasing land. A few have got FDI clearance and are working on the company incorporation.” Both officials said that each project is at a different place and is being monitored closely.
Chief Minister Jayalalithaa had given an assurance to investors that the State would provide clearances in 30 days.
The State government garnered Rs. 2, 43,160 crore worth of investments during the recently concluded Global Investors Meet last month. This is more than double the Rs. 1 lakh crore investments that were targeted by the Chief Minister.
