Amid high expectations, DMK government’s first investors’ meeting is all set to begin today
The Hindu
DMK government to host Global Investors Meet 2024, expecting investment commitments surpassing AIADMK's two meets. Over ₹31,000 crore investments from Singapore. French Pavilion to showcase innovation.
The DMK government will host its first-ever Global Investors Meet (GIM) 2024 today, amid high expectations of attracting investment commitments surpassing those made at the two meets held during the AIADMK regime.
In 2015, the AIADMK government led by then Chief Minister J. Jayalalithaa hosted an investors meet that attracted investment commitments to the tune of ₹2,42,160 crore through 98 Memoranda of Understanding (MoUs). The second edition of GIM held by the AIADMK government in January 2019, under the leadership of then Chief Minister Edappadi K. Palaniswami, attracted investment commitments to the tune of ₹2,68,296 crore through 304 MoUs.
Many investments promised in GIM 2015 did not materialise. More than 27 projects were dropped and many are still in progress. Firms had also dropped their investments plans after inking deals in GIM 2019. Over 20 projects were dropped and 20 others were put on hold.
Unveiling the logo for GIM 2024 in August 2023, Chief Minister M.K. Stalin said this investors’ meet would attract investments worth several lakh crore rupees, boost employment opportunities, especially for women, and help the State achieve the goal of becoming a $1-trillion economy by 2030.
Since the DMK came to power, Tamil Nadu has attracted 241 proposals with a cumulative investment of ₹2,97,196 crore, ensuring job opportunities for 4,15,282 people. Industries Minister T.R.B. Rajaa, in all his meetings, has been stressing that MoUs inked during GIM 2024 would see a good conversion rate.
He had also said that the policies launched by the DMK government in the last two years had helped bring in more investments.
Maharashtra raises commercial LPG supply by 20% to 50% of pre-crisis levels, benefiting hotels and food-related businesses.
Mumbai police arrest eighth suspect in Rohit Shetty residence firing case, linking the incident to the Shubham Lonkar gang.
Governor Arlekar emphasizes that justice must embody human values, fairness, and accessibility for all citizens at VIT conference.
Justice Bhuyan emphasizes the judiciary's role as impartial, condemning reckless criminal cases and advocating for dissent and fair bail practices.
Vijay announces candidates for all 30 Puducherry Assembly segments as TVK prepares to contest independently on April 9.
Kerala LDF ministers declare assets nearing ₹2 crore each amid upcoming elections, revealing financial details and legal challenges.
Sunil Ambekar of RSS discusses organisational changes and initiatives to unify India and address social challenges in an exclusive interview.
Pinarayi Vijayan predicts the BJP will fail again in Kerala, emphasising the Left's enduring strength and commitment to development.
Small eateries in Coimbatore face operational challenges due to LPG cylinder shortages, impacting service and food prices.
Assembly polls 2026: Follow updates from The Hindu on the upcoming elections in five States, on March 22, 2026
Palla urges NDA leaders to unite for grassroots outreach, enhancing public trust through balanced welfare and development initiatives.
Horses shone at Auroville's 2026 event, showcasing equestrian talent through dressage, derby, and show jumping competitions.
Telangana Governor Shiv Pratap Shukla attends Bihar Foundation Day celebrations in Hyderabad, honoring Bihar's historical and cultural contributions.