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After all, customer is the king Babes In the wood-RBI North block has little clue to curb inflation In the horns of a dilemma Technology and economic development should be linked Indian GST – Between extremes… Weaving wealth of western Tamil Nadu A dual GST that will protect prosperous states Skewed Economic Zones? Outward ho Economy through the month Sustainably developing manufacturing sector… Why (not) abolish? Breaking news or breaking credibility? Welcome move to widen the tax net… PC please be our Santa Chennai Airport-Ready for a rapid take off... Much can be done by us Pool energy prices Much ado about nothing The deluge and the several kindly souls Little surplus after salaries, subsidies and debt servicing It’s raining funds for states. Really? Welcome rains for damaged roads... A historic indirect tax reform Babes In the wood-RBI North block has little clue to curb inflation Well-administered State Need plan over the long term planning MS Installed Reform this licence to…kill A tale of two Bihar babus Policy Makers 1800 parties registered with EC – Less than 60 contest elections Trail-blazing Tamil Nadu Miles to go... An eventful week with VVIPs of Delhi Focus on agriculture and human resources Tax evaders’ get out of Jail-Free Card Need for radical RBI reform Kudos to GIM organisers... CAD and the emergency thereof Tryst with GST Land, land everywhere, but... Industry can’t get it from Mars, yet Low profile moves Focus on southern TN... The Great Fall INDIA keeps its date with destiny Healthy finances of the Chennai Corporation What the big B should offer? Public investments and welfare will surge Better relations with UK... Star of the South You too T M Krishna? Rail-road Rajaraman TN - so much to offer... CSR, tech revolution and bank crisis Make way for Make in India... Oh my GOLD South India’s 100 most valuable companies A Fine division of responsibilities Sardar Sarovar – the seventy year itch Ganesh’s mantras Jobs - Lost, Changed or Gained Deming awardees galore! If not Tamil Nadu, where else? When the examiner cheated... No groundnuts in groundnut oil! Truce at Kasturi Buildings BJP can now hasten its thrust for reforms Wanted: decentralised financial system Cleansing Indian retail Research for survival... A gratifying record Sowing seeds of hope Two welcome measures from the chief minister... An eco-friendly commute in Mysuru Why throw baby with bath water? Welcome Measures. Work for 10X Change They add lustre to Padma Awards A blueprint for the future How will it PAN OUT Strategic planning the missing link
 
Kudos to GIM organisers...
More than 3000 foreign companies are already present in Tamil Nadu. These include over 500 Japanese, 150 Korean and 250 American companies. The state is also the second in terms of foreign direct investments. So several people asked why does Tamil Nadu need a Global Investors Meet.

Narrating the course of organising GIM, C V Sankar, Additional Chief Secretary explained the rationale for conducting GIM. He referred to the immense support provided by the Tamil Nadu Chief Minister J Jayalalithaa from the time it was proposed to organise a meet to its successful inauguration and the grand finale.

 

Several lessons learnt...

Addressing a felicitation meet organised by IE to the GIM Secretariat, Sankar pointed to the well-spread industrial development initially around the Kongu belt (Coimbatore, Tirupur, Erode) through Ariyalur, Tiruchi, Madurai apart from Chennai. “Looking closely at the industrial development, even I had a few surprises: I came to know Sivakasi has the largest number of offset machines in a single location in the world, second only to Gutenburg! In many sectors we stand first and in several others within the top three to five. There are so many positive attributes for Tamil Nadu that need to be publicised. We were assured on our plan to conduct the GIM,”  said Sankar. The senior civil servant expressed happiness over the response - MoUs signed, for over Rs 242,000 crore of investments.

Sankar also pointed to several areas where the state has not yet ventured into. Referring to the comment made earlier by S Viswanathan, Editor and Publisher, Industrial Economist in his welcome address, Sankar said: “the state is yet to make a mark in several sectors like petro-chemicals, oil refining, agriculture… Gujarat and Maharashtra have done outstandingly well. Tamil Nadu has to foray into several of these. Our state is capable of effectively competing with other leading industrialised states. We will work on this and also excel in providing quality infrastructure.”

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