Tamil Nadu stays on upswing, rakes in Rs. 19,083 cr investment in 10 months.

At a time when investors are taking a “wait and watch” approach on fresh investment, Tamil Nadu in the past 10 months has signed 63 MoUs, enabling investment worth Rs. 19,083 crore.

For a state that has seen political uncertainty after the death of J Jayalalithaa three years ago, this could well be defined as the Chief Minister K Palaniswami-led government regaining that confidence. “Industry was forced to look at different options (giving away money) to get things done in the past. 

BS