The best endorsements for the attraction for investments in Tamil Nadu have come from several large companies. The Korean Hyundai Motors and the French Saint Gobain have been making repeated investments of sizeable amounts for expanding their operations. B C Datta, Vice President – Corporate Affairs, Hyundai Motor India Ltd,
Improved margins for SAIL The persistent strategic approach helped SAIL to strengthen the EBIDTA to Rs.5184 crore in 2017-18, a substantial increase over 2016-17, said Saraswati Prasad, CMD, SAIL. SAIL achieved its highest ever production of hot metal of 15.983 MT, crude steel of 15.021 MT and saleable steel of 14.071 MT.
Post-liberalisation, states were aggressive in attracting mega investments. There was also the prospect for setting up ancillary units. There were intense competition and race-to-the-bottom incentive wars. In the automobile sector Maharashtra, Haryana and Tamil Nadu indulged in such competition. Maharashtra, the leader, was among the first to offer complete exemption from