Inked investment deals to the tune of ₹3,440 crore during visit to Spain: Stalin
Tamil Nadu Chief Minister M K Stalin on Wednesday said that the state has inked agreements worth Rs 3,440 crore at the investors’ conclave held in Spain.
On reaching Chennai airport after his eight-day trip, Stalin told reporters that the state was able to attract foreign investments and termed his journey to Spain ‘rewarding’.
“I explained to them about the favourable investment scenario prevailing in Tamil Nadu and urged them to carry out the investments in the state… Some of the companies such as Roca, Hapag-Llyod, Edibon, Gestamp, Mabtree, etc have expressed their interest to invest in Tamil Nadu,” Stalin said, adding that he held discussions with officials of prominent companies.
“As an outcome of these efforts, MoUs worth Rs 3,440 crore were signed. This shows the confidence and trust the companies have over Tamil Nadu and the DMK government,” Stalin said.
CM Stalin was accorded a welcome by the party’s senior leaders, including T R Baalu, Durai Murugan, E V Velu, K N Nehru and others. He noted that several investors, firms and members of Invest Spain took part in the conclave.
Stalin said the trip to Spain has been useful to project Tamil Nadu as a top industry-friendly state.