Government: CM Stalin's 33-Month Rule Draws Investments of ₹8.65 Lakh Crore

The present DMK government, under the leadership of Chief Minister MK Stalin, has achieved significant milestones in its 33 months in power, drawing investments worth ₹8.65 lakh crore through various Memorandums of Understanding (MoUs), as per a government release. Additionally, it has facilitated employment opportunities for approximately 30 lakh individuals.

According to the release, the investment inflow occurred in four distinct phases. The initial phase saw investor meets conducted in Chennai, Coimbatore, and Thoothukudi, resulting in investments amounting to ₹1.90 lakh crore and creating employment for 2,80,600 individuals. In the subsequent phase, investments worth ₹7,441 crore were generated following Chief Minister Stalin's official visits to the Middle East, Singapore, Malaysia, and Japan.

Further bolstering the investment drive, the third phase witnessed the Global Investors Meet held in Chennai in January, leading to a remarkable investment inflow of ₹6.64 lakh crore. This initiative directly generated employment for 14,54,712 people and indirectly created opportunities for 12,35,945 individuals, summing up to a total of 26,90,657 jobs.

Recently, during a visit to Spain, Chief Minister Stalin facilitated an investment of ₹3,440 crore. The delegation included Industry Minister TRB Rajaa and Guidance Tamil Nadu CEO V Vishnu, as mentioned in the release.

HBL