While the Tamil Nadu government decided to postpone the Global Investors Meet from 23-24 May to September 9 and 10, 2015, it expects to surpass its target of signing Memoranda of Understanding (MoUs) worth Rs.100,000 crore at the meet. “Investments worth Rs.76,000 crore that have been lined up for signing of MoUs at the GIM and we will revise the target soon,’’ S. Krishnan, Principal Secretary to Government, Planning, Development and Special Initiatives Department, Government of Tamil Nadu said at a GIM road show in Mumbai.
The focus areas of GIM are textiles, aerospace, automobiles and auto components, IT & ITeS, pharmaceuticals, biotechnology and infrastructure, said P. Thangamani, State Minister.