The main players in this grand event —
Participants:
Tamil Nadu government and 3000+ delegates from 9 partner countries and 30 non-partner countries
Tamil Nadu government and 3000+ delegates from 9 partner countries and 30 non-partner countries
Partner countries
South Korea
Industrial sectors
- » Automobiles
- » Engineering
- » Aerospace
- » Agro and Food
- » Chemicals
- » Electronic
- » Hardware
- » Infrastructure
- » IT and ITES
- » Pharma
- » Skill
- » Leather
- » Textile
- » Services
Some of the top players from India likely to attend:
Chanda Kochhar
CEO, ICICI Bank
Shiv Nadar
Founder, HCL
B Ashok
Chairman, IOC
Sajjan Jindal
Chairman and MD, JSW Group
B.K. Goenka,
Vice Chairman and MD, Welspun Group
Raghupati Singhania,
Chairman and MD, JK Tyre & Industries
Tamil Nadu Chief Minister Jayalalithaa is all set to inaugurate the Global Investors Meet on Wednesday Sep 09,2015 as the government aims to attract investments to the tune of Rs 1 lakh crore.
Over 100 MOUs are expected to be signed in the Global Investors Meet. The meet comes even as Tamil Nadu's competitors like Gujarat, Maharashtra, Andhra Pradesh and Telangana are eyeing big buck investments
With countries like Australia, Canada, Japan, Korea and others partnering in the summit, the event will focus on sectors like automobiles, textiles, IT, heavy engineering and others
Industry biggies like Reliance Group Chairman Anil Ambani, Adani Group chairman Gautam Adani, Mahindra Group Chairman & Managing Director Anand Mahindra are expected to participate in the meet which will also see more than 5000 delegates from across the world.
Tamil Nadu Global Investors Meet
Day 1 Wednesday September 09,2015
| Timing | Session | Key Speakers |
| 11:00 Hrs to 12:00 Hrs | Inaugural Session | |
| 14:00 Hrs to 16:00 Hrs | Ease of doing business in India and Tamil Nadu | Mr. C.V. Sankar IAS/ Mr. Amitabh Kant IAS/ Mr. Riuji Kawashima/ Mr. Rathin Basu/ Mr. Vijay Sankar/ Mr. T. Kannan/ Mr. Gopal Srinivasan/ Mr. N. Lakshmi Narayanan/ Mr. S.G.Prabhakharan |
| 14:00 Hrs to 16:00 Hrs | Renewable Energy Potential and Investment Opportunities in Tamil Nadu | Energy Secy/ CMD TEDA Mr. Upendra Tripathy/ Dr. S. Gomathi/ Mr. Pashupathy Shankar Gopalan/ Mr. Madhusudan Khemka/ Mr. Tulsi Tanti |
| 14:00 Hrs to 16:00 Hrs | Developing the State as the world's leading Automotive and Auto Ancillaries Cluster | Mr. Rajeev Ranjan/ Mr. Pradeep Kumar/ Mr. Bo Shin Seo/ Mr. Venu Srinivasan/ Mr. Vinod Dasari/ Mr. Michael Boneham/ Mr. Mammen/ Mr Vivakanand |
| 14:00 Hrs to 16:00 Hrs | Tamil Nadu – Global Hub for IT Hardware and Electronics | Mr. T. K. Ramachandran/ Mr. Ajay Kumar/ Mr. Frank M. C. Lin/ Ms. Kumud Srinivasan/ Mr Amar Babu RK/ Dr Veerappan |
Investment proposals worth over ₹50,000 cr announced on Day 1
Investment proposals totalling more than ₹50,000 crore were announced on
the first day of the Global Investors Meet 2015 on Wednesday Sep 09,2015
1)Gautam Adani, Chairman, Adani Group, told media persons on the sidelines
of the event that his company plans to invest ₹15,000-20,000 crore in
Tamil Nadu over the next few years. It will cover a range of sectors
including thermal power, ports and renewable energy
2)HCL plans to invest more than $1 billion (₹6,000 crore) over the next
five years in southern Tamil Nadu. Shiv Nadar, Chairman, HCL, announced
the company has identified Madurai and Tirunelveli as major centres for
growth. HCL has so far invested over ₹6,000 crore in Chennai and
Coimbatore development centres. It employs 75,000 persons in India and
1.10 lakh globally.
HCL’s brain centre will be based in Tamil Nadu, where one-third of the company’s work force is present, he said.
3)SunEdison Inc, US based global renewable energy
development company, will invest ₹12,000-14,000 crore in the next five
years in Tamil Nadu, Pashupathy Gopalan, President, Asia-Pacific and
Sub-Saharan Africa, told
The company has signed a memorandum of understanding with the State government to develop 2 gigawatts of wind and solar power.
This is part of the company’s larger plan to develop 15.2 gigawatts of renewable energy in the country by 2022, he saidSunEdison has so far identified Virudhunagar, Tuticorin, Tiruchi and Perambalur for the projects
4)Mahindra & Mahindra has informed the BSE that it is signing an MoU
with Tamil Nadu committing investments of ₹2,000 crore including its
investments in Mahindra Research Valley (MRV), a new test track for MRV
and an automotive plant to meet the company's needs over the next five
years. The company could also increase the investment to ₹4,000 crore by
2022 for which it can decide over the next few years. While the MRV is
located at Mahindra World City, Maraimalai Nagar near Chennai, the MRV
test track and the new plant would be set up on about 450 acres at
Cheyyar near Kancheepuram.
5)Delta Electronics of Thailand plans to invest nearly
₹4,000 crore in a new factory in Hosur to manufacture power electronics
and energy management products.
Dalip Sharma, Managing Director, Delta India Electronics Pvt Ltd, said
when the plant is fully operational, it will employ nearly 10,000
people. The 100-acre facility will be the biggest for the company, he
told newspersons.
6)Rana Kapoor, MD and CEO, YES Bank, said its largest National Centralised
Operations Management and Services Delivery facility will be launched
in Ambattur.
Spread over four lakh sq ft initially, the facility will be expanded to 9
lakh sq ft by March 2018. The facility will house over 12,000 employees
in two phases. It will create new generation financial service jobs in
Chennai.
Note
Tamil Nadu spends Rs. 13,000 crore on subsidy for food, power and transport and Rs.
4,600 crore on freebies like mixer-grinders, laptops and stationery in
schemes named after the chief minister. This year's budget projects a
revenue deficit of Rs. 4,616 crore and fiscal deficit of Rs. 32,000 crore.
The
opposition has called the meet a farce, pointing out that the AIADMK
government is holding it only at the very end of its five-year term.
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