Investment above ₹1 crore invited for developing MSMEs in Virudhunagar
The Hindu
Virudhunagar district invites MSMEs to invest ₹1cr+ in district-level meet. Agreements for ₹1,550cr signed so far. Aim is to develop MSMEs & attract mega industrial units. Meet held at Saraswathi Mahal on Nov 22 to help achieve Vision Tamil Nadu 2023.
Virudhunagar district administration has invited investments above ₹1 crore from micro, small and medium enterprises (MSMEs) at the district-level investment conference to be held in Virudhunagar on November 22.
In a statement, Virudhunagar Collector V.P. Jayaseelan said that entrepreneurs, traders, service industries interested to make a minimum of ₹1 crore investment for new business venture and expansion can participate in the meeting and get the industry-based government subsidy, speedy single-window permissions and industrial plots in SIDCO and SIPCOT industrial estates.
Agreements for investment up to ₹1,550 crore in Virudhunagar district have been signed with the investors, so far, the Collector said.
As part of the Vision Tamil Nadu 2023 of Chief Minister M.K. Stalin, the State should get all required infrastructure for making Tamil Nadu the numero uno State in the country in industrial development, Global Investors Meet 2024 would be held in Chennai on January 7 and 8.
The district-level investors meet is conducted with an aim of not only attracting mega industrial units, but also to develop micro, small and medium enterprises through attracting investments.
The district-level investors meeting would be held at Saraswathi Mahal in Allampatti junction in Virudhunagar at 11 a.m. on November 22.
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