On an industrial upswing: Tamil Nadu's hunger to attract mega investment

The team was instrumental in getting up the New Industrial Policy 2021, unveiled last week, targeting investments of around Rs 10 trillion by 2025

The lively ambience of a start-up is unmistakable as one walks into the Tamil Nadu government’s nodal agency for investment promotion.

Called Guidance, the office houses a team of more than 60 people under Neeraj Mittal.

The office and its style of functioning are a classic example of the transformation the state is undergoing to attract investment. According to the state government, of the 304 MoUs signed at the Global Investors Meet (GIM) 2019, to date 81 projects have commenced commercial production and 191 projects are at various stages of implementation.

Subsequent to the GIM, despite the pandemic, the state has attracted an