The stage is all set for the second edition of Global Investors Meet (GIM) 2019, the first major event for the Edappadi K. Palaniswami government. State government officials are working round the clock and wrapping up deals that have come at the eleventh hour.
A source from the government said that in terms of MoUs and investment this GIM will be bigger than last time.
The Confederation of Indian Industry (CII) is the organising partner chamber for the event. M. Ponnuswami, chairman, CII Tamil Nadu, and chairman & managing director, Pon Pure Chemicals India Private Limited, said there will be investments in various sectors including housing, tourism, hospitality, IT and logistics. “You will see some good investments coming in and the sentiments have been good so far,” he added.
Most of the industrialists said that accessibility to government officials this time was better and gave them courage to expand their investments in the State.
Strong U.K. presence
The two-day event that will start on January 23 will see participation from countries like Australia, Canada, the U.K. , Korea, Japan, Taiwan and France. A 45-member U.K. business delegation will take part in this GIM.
Jeremy Pilmore-Bedford, British Deputy High Commissioner in Chennai, said, “The U.K. is a major contributor to the Tamil Nadu success story. Numerous U.K. companies have set up and grown their business in Tamil Nadu and are now expanding their operations to other parts of India. In fact, U.K. companies have created around 55,000 jobs in Chennai alone since 2000.”
The Global Investors Meet was the pet project of the then Chief Minister Jayalalithaa. During the first edition of the event in 2015, the State managed to attract investments to the tune of ₹2.42 lakh crore.
