Apart from dealing with the pandemic, Tamil Nadu Chief Minister Edappadi K. Palaniswami has been taking all efforts to turn the crisis into an opportunity and inviting businesses to invest in the state. Last week, the Chief Minister signed MoUs with 17 companies set to bring in investments worth ₹15,128 crores which is likely to generate 47,150 jobs.
In continuation to this, the CM has decided to personally reach out to global heads of 9 aerospace companies. He would be writing to CEO of M/s. United Technologies Gregory J. Hayes, CEO of M/s. General Electric H. Lawrence Culp Jr., CEO of M/s. Boeing Dave Calhoun, CEO of M/s. Lockheed Martin Marilyn Hewson, CEO of M/s. Safran Philippe Petitcolin, CEO of M/s. Rolls Royce Warren East, CEO of M/s. Airbus Guillaume Faury, CEO of M/s. Leonardo Alessandro Profumo and CEO of M/s. Honeywell Darius Adamczyk.
The letter will pitch in Tamil Nadu as an attractive place to invest highlighting the excellent support for business and industries offered by the State to help firms further their growth. Each firm would be getting customized incentives suiting to their needs.
In the wake of COVID19, many companies are mulling of shifting their manufacturing units to India. The CM has constituted a Special Investment Promotion Task Force under the Chief Secretary to rope in investments into Tamil Nadu