IANS/Chennai

Tamil Nadu Chief Minister J Jayalalithaa yesterday said the state’s first Global Investor Meet has exceeded the investment target of Rs1tn.
Inaugurating the conference here, Jayalalithaa said the target of Rs1tn of investment commitment has been exceeded.
“I am very confident that further commitments would be made over these two days and I would be able to make an announcement on the resounding success of the meet when we gather here again tomorrow,” she said.
Stressing that her government is business-friendly and welfare-oriented, Jayalalithaa said the state has planned an investment of $250bn in infrastructure under its Vision Tamil Nadu 2023 plan.
“My goal is to ensure that Tamil Nadu’s per capita income reaches that of upper middle income countries by 2023. The people of this state must have access to infrastructure and services comparable to the best available anywhere in the world. Tamil Nadu will be a knowledge hub for innovation,” she said.
“Tamil Nadu will become the most attractive investment destination in India and one of the three most attractive in Asia. A total investment in infrastructure of $250bn is planned,” she added.
According to her, implementation of 84 of the 217 projects and programmes identified under Vision Tamil Nadu 2013 has already commenced.
Citing that the per capita income of the state was lower than the national average when she first assumed office in 1991, Jayalalithaa said now it is more than one-and-a- half times the national average.
“We are the second largest state economy in India today. This has not been a fortuitous outcome. It is the fruit of my government’s vision, far-sighted policy-making and effective implementation,” she claimed.
The chief minister said Tamil Nadu has the largest number of factories and largest employment in industry of close to 2mn people amongst all the states in India.

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