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Jaya seeks fresh investments to boost growth

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Press Trust of India Chennai

In the first ever interaction with the captains of industry after she came to power in May last, Tamil Nadu Chief Minister J Jayalalithaa today appealed for fresh investments to realise her vision of making the state "number one in all spheres of development".

"Tamil Nadu will be your ideal platform to generate wealth. We believe opportunities are meant to be exploited. The State has a vision which is to generate economic activity and add to the quality of life.

"This can happen only if all of us convert potential into opportunities and opportunities into prosperity", she told leading industrialists who had converged here for the National Council Meeting of CII.

 

Jayalalitha said her Government was committed to making Tamil Nadu a new growth model among Indian States.

"I invite you all to be the active partners in realising my vision of making Tamil Nadu as the number one in all spheres of development", she said.

Jayalalithaa, who will be leaving for New Delhi today for plan discussions, said the discussion papers on 12th Plan had indicated 9 to 9.5% growth rate for the country which warranted 11 to 12% growth in the manufacturing sector.

To achieve this, her government's immediate task was to improve the investment climate and make the State a most favoured investment destination.

Blaming the previous Karunanidhi government for the slowdown in attracting investments in the manufacturing sector, Jayalalithaa said she had launched a "reinvigorated struggle" to boost the pace of industrialisation in the State.

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First Published: Jul 05 2011 | 2:14 PM IST

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