Business Standard

Tamil Nadu tops table for fresh investments in Q1, beats Maharashtra

State capture 18.63 % of the all fresh investments; getting deals worth Rs 15,000 crore in May

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The state signed 17 agreements worth Rs 15,128 crore and that are projected to generate 47,150 jobs.

T E Narasimhan Chennai
Tamil Nadu got around 18.63 per cent of the total fresh investment emanated in Q1/FY21 to beat other states, signing 17 agreements in May 2020. Fresh investment flow the state stands at Rs 18,236 crore.

Second-ranked Maharashtra signed 12 agreements with companies from Singapore, South Korea, and the US. The state garnered Rs 11,229 crore, according to a survey by Projects Today, an online database of projects in India.

Companies invested over Rs 15,000 crore in Tamil Nadu in May, when the coronavirus pandemic was peaking in the state. The state signed 17 agreements worth Rs 15,128 crore and that are projected

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