T.N. all set for a big leap forward

Last Modified: Wed Sep 09 2015 09:31:25 GMT+0530 (India Standard Time)
  • Rs. 1 Lakh Crore
    investments expected to be firmed up during Wednesday’s Global Investors Meet (GIM) in Chennai
  • 12
    sectors have committed to the investments
  • 40%
    of the promised investment to come from manufacturing sector
  • 40%
    of the investment to come from energy sector
  • 10%
    of the investment to come from ITES sector
  • 100
    MoUs are expected to be signed during the two day event
  • 1,50,000
    jobs estimated to be created in the state over the next three years
  • 30
    day single clearance window to be set up to woo investors
  • USD 375,000
    of capital subsidy will be offered
  • 5
    year electricity tax exemption
  • 50%
    concession on stamp duty on lease or sale of land
  • 100%
    concession on stamp duty on lease or sale of land for ultra-mega projects