TNPSC Thervupettagam

Total Investments via GIM 2024

January 10 , 2024 994 days 2933 0
  • The Tamil Nadu Global Investors Meet 2024 has attracted record investments of ₹6.64 lakh crore.
  • It is much higher than the estimated sum of about ₹5 lakh crore and doubled the investment that was attracted in the previous GIM held in 2019.
  • This is achieved through 631 Memoranda of Understanding (MoUs) that would generate nearly 27 lakh jobs across sectors.
  • Some of the big-ticket investment proposals were made by Tata Power (₹70,800 crore), Adani Group (₹42,768 crore), Sembcorp (₹36,238 crore), Leap Green Energy Pvt. Ltd. (₹17,400 crore) and Chennai Petroleum Corporation Limited (₹17,000 crore).
  • Giving sectoral-wise break-ups are
    • ₹3,79,809 crore had been mobilised through the Department of Industries, Investment Promotions and Commerce;
    • ₹1,35,157 crore by the Energy department;
    • ₹62,939 crore through the Housing and Urban Development department and
    • ₹22,130 crore through the Information Technology and Digital Services department;
    • Besides, ₹63,573 crore had been generated by the MSME sector.

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