• Friday, April 12, 2024

Business

Tamil Nadu chief minister M K Stalin to lead business delegation to Singapore on May 23-24

The visit comes ahead of the Global Investors Summit which Tamil Nadu is planning to hold early next year.

Tamil Nadu chief minister MK Stalin (Photo by ARUN SANKAR/AFP via Getty Images)

By: Shubham Ghosh

MK Stalin, the chief minister of the southern Indian state of Tamil Nadu, will lead a business delegation to Singapore on May 23 and 24 to give businesspeople in the South-east Asian city-state a deep insight into the business potential of the south Indian state and attract investments.

Around 350 businesspeople and members of the Singapore Indian Chamber of Commerce and Industry (SICCI) and government officials of both sides are expected to participate in the Tamil Nadu Investment Conclave on May 24, the SICCI said in a press release on Friday (19).

Apart from Stalin, Singapore’s minister for transport and minister-in-charge of trade relations S Iswaran, Tamil Nadu’s industries minister Dr TRB Rajaa, India’s high commissioner to Singapore P Kumaran and SICCI chairman Neil Parekh will also attend the conclave.

The visit comes ahead of the Global Investors Summit which Tamil Nadu is planning to hold early next year.

Several memorandums of understanding are expected to be signed between the Tamil Nadu government and Singaporean establishments during the conclave.

“The various states in India are sparing no effort to woo investors and to create jobs for the country’s citizens, and Tamil Nadu is no exception,” Parekh said.

“The investment conclave is a suitable event for keen Singaporean investors to get first-hand information on the investment climate in Tamil Nadu. SICCI will be very happy to help our business leaders connect with their Tamil Nadu counterparts.

“Our directors have been meeting Tamil Nadu government officials from the industries sector to provide feedback on improving the process of approvals for permits,” he added.

(With PTI inputs)

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