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State Forward Bus services hit Flurry of collaborations inked by AP Mango Diplomacy SIPB clears big proposals All these happened in TN… Bringing magic of Rajasthan alive Industrial corridors to boost economy Technology has raised the bar... Global meets galore MOUs worth Rs.10.54 lakh crore signed Bifurcation yet to end water wars Illegal mining of sand It indeed is attractive for investments Doubling production and tripling farmers’ income... States Roundup KCR’s I-day bonanza Infra boost to the new capital Kochi Metro Rail Project Divide & Prosper ‘E’ for enterprise Hype on Hyperloop Winds of change... Enticing pest traps Tasks for the new government State of the States Vedanta to close Lanjigarh refinery Nod to cow slaughter bill With agriculture at its heart... A neta at it again! Homestays, a budding tourism industry KNPP with the grid An industrious idea A year of Telangana AP in better shape Inter-State boundary Benevolent businessthan... Reducing carbon footprint... Oh, la la. Land scams rock AP & TS Global Investors Meet Post Poned KTR releases Annual Report When business flocks to MP... Pioneering education model Wouldn’t the Mahatma like clean restrooms in our cities! A blueprint for the future Deputy Collector Sindhu! Of development and welfare Come to Tamil Nadu where the action is... Time to wake up More government apps Promise of a productive year Competing for good: Tale of two states It’s Karnataka chalo for Amit Shah? TN to suffer serious loss Green crimes galore CII to set up tourism bureaus TN to suffer serious loss Info-Park, more space Enchanting and enterprising Tamil Nadu Monsoon fury Municipal Elections A giant push for millets Why the Congress won in Karnataka Leaky old lorries, mini cabs for techies... Waste disposal model Miners asked to pay more Lingayats get a reminder: it’s poll time Fanciful Rao and tech-savvy Naidu States - Kerala Thalaivaa TN can leverage NLC’s strengths... MCL has a taste of judicial activism! Development depends on land availability... Land acquisition policy is ahead of national policy... State under siege Stirring the political cauldron Launch of ins vikrant, India’s first indigenous aircraft carrier Infrastructure to the FORE Strike over salary hike ODISHA Bhubaneswar IIT cries for completion City of foaming lakes and fire States - Odisha Power for all
 
Global meets galore
States vie with one another for attracting investments. Development is receiving much needed attention against the familiar offer of freebies.

From Assam to West Bengal to Maharashtra, states have been organising global investor meets with several developed countries as partners and road shows spread across the country with Chief Ministers making impressive presentations.

 

Advantage Assam

Chief Minister of Assam, Sarbananda Sonowal made one such impressive presentation in Chennai on the roadshow titled ‘Advantage Assam’ which dealt with the state’s first investors meet to be held at Guwahati in February. The Chief Minister highlighted several favourable arenas like education, health, tourism, plastics and petrochemicals, river ports, inland waterways, airports and other infrastructure, coupled with attractive tax incentives and capital subsidies. He also held meetings with the Tamil Nadu Producers Council and several other industry leaders. Because of the problems of logistics and reach, this eastern-most corner of the country has not seen much industrialisation. However, with special attention given to the north-east, such a promotion is not too far away.

 

Magnetic Maharashtra...

Maharashtra, the most industrialised state with the richest concentration of investments, will also organise the ‘Magnetic Maharashtra Convergence - 2018,’ in Mumbai from 18 to 20 February. With large business houses concentrated in this state and accounting for the largest share of investments, this investor meet is bound to turn a lot of heads. The added attraction is that it is headed by a BJP Chief Minister and Prime Minister Modi is said to participate in such meets.

Tamil Nadu has been attracting its fair share of handsome investments too. Strong infrastructure, particularly three large ports at Chennai, Ennore and Kattupalli in close proximity to the metro, copious educated manpower and a stable administration, are to be given credit for the same. 

 

Trendy Tamil Nadu...

The early base laid for the auto industry also helped build large capacities for vehicles and components. The IT and electronics industries have also seen immense growth spurts. The state had organised its first Global Investor Meet in 2015. This got postponed twice but the additional time available was effectively utilised to conduct road shows in over a dozen developed countries. The liberal allocation of Rs100 crore and the dedicated team of officials backed by the then Chief Minister J Jayalalithaa, contributed to the success of the GIM 2015. An estimated Rs 2.4 lakh crore of investments were committed. Due to the demise of Jayalalithaa and the political turmoil that followed, GIM could not held as earlier planned in 2017, though recently the government has announced its plan to hold the GIM in 2018. 

A senior bureaucrat of the rank of Chief Secretary, K Gnanadesikan, has taken charge of industry. KG brings with him a reputation for efficient administration. In his earlier tenures as the CMD-ELCOT, Chairman - TANGEDCO and as Chief Secretary, one can expect work on GIM to gain rapid momentum.


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