Tamil Nadu Chief Minister MK Stalin returned to India on Monday (September 8) after a week-long trip to Germany and England, where he said the state had secured investment commitments worth ₹15,516 crore.
According to ANI, Stalin announced that 33 MoUs were signed with 10 new industries and 17 existing ones, which he claimed would generate 17,613 jobs in Tamil Nadu.
"I return to my homeland with countless memories from hearts that poured boundless love. I express my gratitude (and) love to the #TamilDiaspora, who cared for me as their brother all these days!" he posted on X.
Stalin earlier claimed that his party, Dravida Munnetra Kazhagam (DMK), had amassed ₹10.62 lakh crore in investments through
Last week, the state's Deputy Chief Minister Udhayanidhi Stalin assured the state government would continue to support local companies in expanding their global reach while speaking at an event.
He highlighted the state’s robust industrial growth, noting that Tamil Nadu has recorded an industrial growth rate of 11.19%.
“I assure you that the Tamil Nadu government will
In August, the state announced initiatives to support small-scale, local entrepreneurs as well. Stalin rolled out the Muthalvarin Kaakkum Karangal scheme, with an initial funding of ₹24.43 crore (expanding to ₹50.5 crore), to aid ex-servicemen in launching businesses. Benefits include up to ₹1 crore loans, a 30% capital subsidy, and a 3% interest subsidy.
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