MSME Minister invites bizmen in Czech Republic to invest in TN

CHENNAI: Minister for MSMEs T M Anbarasan on Tuesday met businessmen in Czech Republic and invited them to invest in Tamil Nadu.

As part of the exercise to attract investments in Tamil Nadu, Anbarasan is on a trip to Czech Republic to witness the four day International Engineering Fair (MSV) in Chezh Republic starting from Tuesday.

Anbarasan visited EVEKTOR, an aviation production company based in Czech Republic, and interacted with the company authorities. Then, he also visited a glass manufacturing company and invited the businessmen of both the companies to invest in Tamil Nadu.

During the meeting, Anbarasan explained the steps taken by the state government to attract investments such as providing incentives and waiver of capital gains, the position of the state government in attracting investments and so on. The Minister had also explained the goal of attaining a Dollar 1 Trillion economy by 2030 set by Chief Minister MK Stalin.

The Minister now on a tour to Czech Republic along with a delegation of MSMEs also visited the MSV industrial fair and witnessed the recent developments in engineering. The theme of the industrial fair for 2022 is 'Industry 4.0'.