TN TEAM TO VISIT TAIWAN TO LURE INVESTORS

G Balachandar, Chennai
Financial Chronicle

The Tamil Nadu government has been hard-selling the state as a global hub for automotive and electronic sectors and has been a front-runner in the country in attracting big-ticket investments in these two sectors.

"The government team, comprising officials from the industry department and director of Tamil Nadu Industrial Guidance and Export Promotion Bureau, which has been instrumental in hard-selling Tamil Nadu and bringing large ticket investments into the state, will be participating in a IT conference, organised by Indo-Taipei Association and explain the advantages of Tamil Nadu being their manufacturing base," a government official on condition of anonymity said.

The state government had also proposed to create a separate Taiwan Economic Zone near Chennai to attract Taiwanese makers of electronics and hardware components, light engineering products and footwear components.