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Tamil Nadu CM Secures Rs 900 Crore Investments in San Francisco

  • Tamil Nadu Chief Minister M K Stalin inks deals worth Rs 900 crore with companies like Nokia, PayPal, and Microchip during his US visit.
  • The agreements promise to generate 4,100 jobs in Chennai, Coimbatore, and Madurai, focusing on sectors like AI, semiconductor technology, and telecommunications.
  • Stalin's visit aims to transform Tamil Nadu into a $1 trillion economy by 2030, with a focus on attracting capital-intensive and employment-generating industries.
  • The CM's delegation will continue to engage with potential investors in the US, with further meetings scheduled in Chicago and other cities.
  • Stalin emphasizes Tamil Nadu's leading role in India's GDP and export sectors, inviting more American companies to invest in the state.

Source: Business Standard

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