The Global Investors Conference is set to begin tomorrow at the Trade Center in Nandampakam, Chennai. chief minister M. K. stalin will inaugurate the two-day conference. Tata is investing an additional Rs 7,000 crore in Hosur to expand its iphone component manufacturing plant. This is expected to provide employment opportunities to around 30,000 people in the next 6 years.
The Global Investors Conference is set to begin tomorrow at the Trade Center in Nandampakam, Chennai. chief minister M. K. stalin will inaugurate the two-day conference. Union industries minister piyush goyal will be the special guest. More than 30,000 delegates have registered to attend the conference. More than 450 foreign delegates are participating. Leaders and representatives of business and industry organizations from more than 50 countries are expected to participate.
In particular, 9 countries including Singapore, England, Japan, France, Australia, germany and America are participating. More than 170 world-renowned speakers will participate in 26 sessions. In this, contracts for investments are to be obtained in order to surpass previous investor conferences.
In this case, information will be released that Tata Company will invest an additional Rs.7,000 crores in tamil Nadu. It will invest in expanding its iphone spare parts manufacturing plant in Hosur. It is said that this will provide employment to around 30,000 people in the coming years.
Also, Tata Power Siruvanam is investing in Nellai and Tuticorin districts. A contract is made with a non-leather footwear manufacturing company at Kallakurichi, Ranipet, Perambalur. Similarly, Stelantis plans to invest in North tamil Nadu. It has been reported that Didagar Wheels, which manufactures Vande Bharat trains, is also planning to invest.
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