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Home Business automobiles

Plan to make TN the most favourable investment destination in South Asia, CM Stalin

After taking part in the 10 millionth car roll out ceremony at the Sriperumbudur facility of Korean auto-maker Hyundai Motor India, Stalin said the appointment of the Economic council has ''infused confidence among industries'' besides garnering global media attention. "It (The committee of economic experts) is the base plan to the vision of making Tamil Nadu as the most favourable investment destination in South Asia. Several economic experts have praised the government's decision," he said.

by NavJeevan
5 years ago
in automobiles, Breaking News, Business, chennai, Companies, CSR, National, Tamil Nadu
Reading Time: 2 mins read
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Plan to make TN the most favourable investment destination in South Asia, CM Stalin

10 millionth car of Korean auto-maker Hyundai Motor India rolled out in the presence of Tamil Nadu Chief Minister M K Stalin on Wednesday. PHOTO: @mkstalin

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NE BUSINESS BUREAU
CHENNAI, JUN 30

The appointment of a council comprising world renowned economic experts was the base plan towards making Tamil Nadu attain the most favourable investment destination status in South Asia, Chief Minister M K Stalin said on Wednesday.

திருப்பெரும்புதூரில் @HyundaiIndia நிறுவனத்தால் தயாரிக்கப்பட்ட 1 கோடியாவது மகிழுந்தை இன்று அறிமுகம் செய்துவைத்தேன்.

1996 கலைஞரின் ஆட்சிக்காலத்தில் தொடங்கப்பட்ட இந்நிறுவனத்தின் சாதனைக்கு வாழ்த்துகள்!

தொழில்வளர்ச்சியில் தமிழ்நாட்டை முதலிடம்நோக்கி நகர்த்துவதே இந்த அரசின் இலக்கு! pic.twitter.com/pdxTe5Nrfm

— M.K.Stalin (@mkstalin) June 30, 2021

After taking part in the 10 millionth car roll out ceremony at the Sriperumbudur facility of Korean auto-maker Hyundai Motor India, Stalin said the appointment of the Economic council has ”infused confidence among industries” besides garnering global media attention.

ஹூண்டாய் வளாகத்தில் கடந்த 10-2-2011 அன்று நான் நட்டுவைத்த மரக்கன்று மரமாய் வளர்ந்துள்ளது. அதனருகே இன்று மேலும் ஒரு மரக்கன்றை நட்டேன்.

"மரத்தை நாம் வளர்த்தால்
மரம் நம்மை வளர்க்கும்" என்றார் முத்தமிழறிஞர் கலைஞர்.

புத்தகங்களைப்போல், மரக்கன்றுகளையும் அன்பளிப்பாய் வழங்குவோம்! pic.twitter.com/oQbPueX65z

— M.K.Stalin (@mkstalin) June 30, 2021

“It (The committee of economic experts) is the base plan to the vision of making Tamil Nadu as the most favourable investment destination in South Asia. Several economic experts have praised the government’s decision,” he said.

மாண்புமிகு தமிழ்நாடு முதலமைச்சர் திரு.மு.க.ஸ்டாலின் அவர்கள் இன்று (30.06.2021) இருங்காட்டுக்கோட்டை, ஹூண்டாய் மோட்டார் இந்தியா லிமிடெட் நிறுவனத்தின் வெள்ளி விழா நிகழ்ச்சியில் கலந்து கொண்டு ஆற்றிய உரை.#CMMKStalin | #TNDIPR #HyundaiIndia @mkstalin @mp_saminathan @HyundaiIndia pic.twitter.com/FfKXWOrYaM

— TN DIPR (@TNDIPRNEWS) June 30, 2021

Governor Banwarilal Purohit, during his first address to the Tamil Nadu assembly after the DMK formed the government in May, said an economic advisory council to the chief minister would be constituted comprising experts, including Nobel laureate professor Esther Duflo, former RBI Governor Raghuram Rajan, former chief economic adviser Aravind Subramanian among others. Stalin said the government would work based on the recommendations made by the Council towards making the state reach all round development. Explaining the strategy behind his plan, Stalin said the government has commenced work towards ensuring that there was multi-sectoral development in the state, setting up of new industries, creation of new jobs in regions where companies had set up shop. “A favourable atmosphere should be created in attracting investments from companies,” he said. “During the previous DMK regime (in 1998) we made Chennai as the ”Detroit” of India in terms of the number of cars produced. Now we should make Tamil Nadu attain all round economic development in the country,” he said.

On Hyundai Motor India reaching the 10 millionth car roll out from its factory, Stalin said it was a huge achievement since the automaker has become the second biggest car producer in a short period of time and also a leader in automobile exports.

“Till date Hyundai Motor has shipped 31.3 lakh car units to 88 countries. Not only Hyundai grew, they have also ensured Tamil Nadu grew on industrial activity,” the Chief Minister said.

Tags: CM Stalininvestment destinationPlan to make TNSouth Asiathe most favourable
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