MK Stalin In USA: Tirelessly Seeking Investment For Tamil Nadu

The DKM leader is expected to meet the CEOs of Fortune 500 companies and seek investment before flying back to India on September 14.

MK Stalin - USA trip Edited by Updated: Sep 04, 2024, 5:02 pm
MK Stalin In USA: Tirelessly Seeking Investment For Tamil Nadu

MK Stalin In USA: Tirelessly Seeking Investment For Tamil Nadu (Photo X@mkstalin)

Tamil Nadu Chief Minister MK Stalin’s trip with a high-level delegation to the United States has been projected at an attempt to woo investors to transform the state into a 1 trillion dollar economy by 2030. The chief minister was welcomed by Consul General K Srikar Reddy on August 29 upon his arrival in San Francisco.

Six days on with several programmes attended, the DMK leader today took to his social media platform X, stating, “Another fruitful day in Chicago”

Stalin said he exchanged Memorandum of Understanding (MoU) with Eaton, an American multinational power management company, for a Rs 200 crore Research and Development (R&D) and engineering centre expansion in Chennai. The MoU, according to the minister, would create  500 jobs.

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In his post on X today, the chief minister further informed that he secured Assurant’s first Global Capability Centre in India, saying that the global provider of comprehensive risk management solutions is “coming soon to Chennai.” The chief minister had arrived in Chicago from San Francisco on September 3.

After arriving in San Francisco on August 29, the chief minister said he was in the US, “seeking support for the prosperity of Tamil Nadu.”

On August 30, Stalin attended an investors’ conclave and declared he secured investments exceeding Rs 900 crores at Chennai, Coimbatore, Madurai, and Chengalpattu, paving the way for 4,100 new jobs in multiple sectors, adding that in the coming two weeks he is scheduled to be in the US, and he would continue to intensify “this momentum and attract more investors to Tamil Nadu, propelling our march towards a trillion dollar economy”.

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“An invigorating evening at the ‘Investors’ Conclave’, where we had dynamic discussions, inviting global investors to Tamil Nadu, the land of boundless potential and vast opportunities. Let’s chase our dreams with steadfast determination,” the chief minister noted on his social media, on August 30.

On August 31, the chief minister visited the officers of tech giants such as Apple, Google and Microsoft. The DMK leader said he discussed various opportunities and partnerships, adding that he is “determined to strengthen these partnerships and make Tamil Nadu one of the foremost growth engines of Asia.”

On September 1, Stalin took to his social handle to declare another “successful day” stating the delegation secured a Rs 400 crore investment from Ohmium in Chengalpattu district, creating 500 jobs. “This marks a significant step in nurturing the ecosystem for green energy production and fuelling a sustainable future!” the chief minister wrote.

Chief Minister Stalin’s fortnight-long visit to attract investments is scheduled to end by September 14, and the DMK leader will reportedly continue to push for investment in the days ahead. He was accompanied by his wife Durga, Industries Minister T R B Rajaa and senior officials. According to a report by Business Standard, the DKM leader would meet the CEOs of Fortune 500 companies before flying back to India.