Global Investors Meet delegation gets positive response in Japan, Korea

Stating that the recent visit to Singapore, which dealt with Information Technology companies, was a success, the official said two firms have agreed to invest Rs 6,000 crore. Although the name of the companies have been kept confidential, it has been learnt that the official paper works has begun. 

“Similarly, the business delegation from Japan were also positive and will be attending the GIM here,” the official said. A few existing Japanese firms have also agreed to consider the expansion of their existing plants operating out of the special economic zones here, he added.     

“A GIM delegation is visiting South Korea. Our officials are in touch with business captains of Hyundai and Samsung and the response so far has been good,” said another official.

When contacted, Arun Roy, Special Officer (GIM), said, “In the case of Japan, companies including Yanmar, Sumitomo Bank, Toshiba, Sakura and Adrinex have been approached our delegation. Korean companies like Maudo and Hannon Systems are under our industrial visit schedule,” Roy said. 

The Industries department has also approached Ajinomotto India Pvt Ltd based in Kancheepuram to explore business opportunities in TN. 

Meanwhile, the guidance bureau created by the State government is expected to soon appoint escort officers to enable the execution of MoUs signed.