Investments worth Rs 3,440 crore signed during Spain visit, more investments likely to follow: TN CM Stalin

Tamil Nadu Chief Minister MK Stalin said his visit to Spain was “very beneficial” and highlighted the signing of a Memorandum of Understanding (MoU) for investments worth Rs 3,440 crore in TN. He expressed confidence that such investments will flow. Enter the state.

Addressing media persons after returning to Chennai on Wednesday morning (February 7, 2024), he said that German shipping and container transport major Hapag-Lloyd AG had signed a memorandum of understanding to invest Rs 2,500 crore. Stated. Spain-based Edibon, which designs and manufactures technical education and research equipment, signs a memorandum of understanding to invest Rs 540 million; Spain-based sanitary products giant Roca signs a memorandum of understanding to invest Rs 40 billion. did.

He noted that he had held separate meetings with representatives of a number of other companies, including Acciona, Abertis, Gestamp and Talgo, and was confident that more investments would flow into Tamil Nadu in the near future. said. During his more than week-long visit, Stalin said he had the opportunity to meet with industry leaders and officials from Spain’s Ministry of Finance and Commerce to brief them on the investment-friendly environment prevailing in Tamil Nadu.

Mr. Stalin referred to a recent article in the New York Times that appreciated Tamil Nadu’s efforts to make it India’s leader in the manufacturing sector, and said such recognition would encourage the state government to do more. He urged them to take action.

Prime Minister’s speech in the Diet

Reacting to Prime Minister Narendra Modi’s recent speech in Parliament, Mr. Stalin said he was perplexed that Mr. Modi was still speaking as if the Bharatiya Janata Party was the opposition party and the Congress ruled the country. He said he is doing so. Asked about Mr. Modi’s statement that the NDA would win 400 seats in the upcoming assembly elections, Mr. Stalin quipped that it would not have been surprising if the prime minister had mentioned all 543 seats.

Actor Vijay’s entry into politics

Commenting on actor Vijay starting a political party, Stalin said he would feel happy whenever someone enters politics to serve the people.