Tamil Nadu Chief Minister M.K. Stalin's USA Visit Yields Rs. 1,500 Crore Investment

Chief Minister Thiru M.K. Stalin secures Rs. 1,100 crores in investments during his USA visit, with MoUs signed with Eaton, Assurant, Nokia, PayPal, and more. The deals aim to boost Tamil Nadu’s economy, focusing on technology, artificial intelligence, and manufacturing industries, creating thousands of job opportunities.


Devdiscourse News Desk | Delhi | Updated: 04-09-2024 16:11 IST | Created: 04-09-2024 16:11 IST
Tamil Nadu Chief Minister M.K. Stalin's USA Visit Yields Rs. 1,500 Crore Investment
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Tamil Nadu's Chief Minister Thiru M.K. Stalin has successfully secured Rs. 1,100 crores in investments during his visit to the USA. The Chief Minister's engagements in California and Chicago yielded significant agreements, including Rs. 200 crores from Eaton Corporation and various commitments from Nokia, PayPal, and other global firms.

The deals are poised to drive substantial growth for Tamil Nadu's economy. Investments focus on high-tech industries, particularly Artificial Intelligence and manufacturing, which align with the state's vision to become a $1 trillion economy by 2030.

The Chief Minister held meetings with senior officials from Apple, Google, and Microsoft, further inviting them to invest in the region. Additionally, an agreement with Google will see the establishment of AI labs in Tamil Nadu, marking a significant milestone in the state's technological advancement.

(With inputs from agencies.)

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