Tamil Nadu plans for $25bn infrastructure investments
The Tamil Nadu state government unveiled its Vision 2023 plan which lays out future infrastructure development worth $25 billion (Rs1.5 trillion), reported the Economic Times.
"Tamil Nadu is an industry-friendly state and a big manufacturing hub with presence of many internationally renowned multinationals," Tamil Nadu Industries Minister P Thangamani said today in Mumbai, at a roadshow for Tamil Nadu Global Investors Meet 2015, due to take place in Chennai in September.
According to the minister, the state government has already signed 33 MoUs with private companies which will create around 162,000 jobs.