Tamil Nadu CM proposes schemes to attract investments

The Chief Minister of Tamil Nadu has proposed two schemes including ₹148 crore project of Electric vehicle park and ₹500 crore project of Data centre park. The projects are aimed at attracting new investments into Tamil Nadu.

As per his announcement in the Assembly, the electric vehicle park will be set up at Manalur SIPCOT Industrial Estate near Chennai and the data centre park over a 150-acre site near Sriperumbudur. He also announced that a start-up and innovation city with all infrastructure facilities will be established near Chennai, at a cost of ₹350 crore to attract innovative and knowledge-based firms.

Month: Current Affairs - December, 2020