Stalin invites Spanish businessmen to invest in Tamil Nadu

During his first visit to the Spanish capital, Prime Minister MK Stalin appealed to businessmen to invest in Madrid, especially in the aerospace and defense, biological sciences and biotechnology, pharmaceuticals, food processing and desalination sectors.

“The Government of Tamil Nadu stands by to extend all support to industrialists investing in Tamil Nadu. In addition to ensuring a conducive atmosphere and skilled manpower for various industries, we We will provide various incentives based on the policy,” a government release quoted Stalin as saying.

Tamil Nadu was leading in automobile manufacturing, especially electric vehicle manufacturing. electronic components; leather products; Footwear other than leather. He said it spans a variety of service sectors, including apparel, information technology, renewable energy and healthcare, among others.

In the presence of state Industries Minister TRB Rajya and Indian Ambassador to Spain Dinesh Patnaik, Mr. Stalin spoke about the state of Tamil Nadu, as more than 130 of the Fortune 500 companies are operating in the state. He said the business-friendly atmosphere in Nadu is clear. .

The prime minister also recalled visits to Japan, Singapore and the United Arab Emirates to attract investment to the state, and said he would visit Australia and the United States. He also recalled Australia, Denmark, France, Germany, Japan, South Korea, Singapore and the United Kingdom. The US and the US were partner countries at the Global Investors Meet held in Chennai earlier this month.

cultural connections

Citing the cultural ties between Tamil Nadu and Spain, the Prime Minister referred to Jallikattu in Tamil Nadu and cowherding events in Spain.

He further said that Spain is the fourth largest economy in the European Union and Tamil Nadu is India’s second largest economy.