Around 16 companies in US has confirmed to invest to the total of Rs 2,700 crore in Tamilnadu during the ongoing visit of Chief Minister K Palaniswami to that country. During an investors meet in New York on Tuesday attended by Palaniswami, 16 companies had signed memorandum of understanding (MoU) to make investments worth Rs 2,780 crore in different fields in the State, an official release here said today.
Industries Minister M C Sampath, Revenue and IT Minister RB Udhayakumar, Dairy Development Minister KT Rajenthra Bhalaji, Chief Secretary K Shanmugam and senior officials were also present during the meeting.Palaniswami embarked on a three-nation tour last week, saying the visit was aimed at garnering more foreign investments for Tamilnadu.Earlier, he had visited the UK and would stopover in Dubai enroute to India, where he would meet potential investors. He is scheduled to return home 10 September.
