Global Investors Meet

Hyundai, IIT-M to set up Hydrogen Valley Innovation Hub for green solutions

Auto-maker Hyundai Motor India and the Indian Institute of Technology, Madras here is set establish a Hydrogen Valley Innovation Hub at an outlay of Rs 180 crore, which would promote hydrogen-based clean energy solutions in various applications and sectors. A memorandum of understanding between Hyundai Motor India, IIT-Madras, and the state government's investment promotion agency Guidance Tamil Nadu was signed during the Global Investors Meet held here recently. "The Hydrogen Valley Innovation Hub project, with a total project cost of Rs 180 crore, will be established with an investment of Rs 100 crore by Hyundai Motor India Ltd, towards its capital expenditure requirements," a press release from IIT-Madras said on Friday. The Chennai-based premier research institute would take up the responsibility of setting up the hub at its sprawling campus in the city, and provide both the building as well as research and development infrastructure. IIT-M would also develop a curriculum and b

In China+1 plan, Chennai right fit for non-leather footwear majors

Several suppliers of non-leather footwear players like Nike, Adidas, Puma, and Reebok have either set up their units in Tamil Nadu or are close to sealing a deal

Sundram Fasteners signs deal with Tamil Nadu for Rs 1,411 crore investment

The planned investment spans up to 2027-2028 and will be used for capacity expansion of existing products, including components for electric vehicles

UAE Prez Al Nahyan meets PM Modi as Vibrant Gujarat Global Summit begins

Prime Minister Narendra Modi, who received UAE President Mohammed bin Zayed Al Nahyan at the Ahmedabad airport on Tuesday, described the UAE leader as "my brother"

PM Modi, UAE prez meet ahead of Vibrant Gujarat Summit, sign MOUs

A bilateral meeting was held between Prime Minister Narendra Modi and United Arab Emirates President Mohamed bin Zayed Al Nahyan here on Tuesday where several MoUs were signed. The UAE president is the chief guest at the 10th edition of the Vibrant Gujarat Global Summit (VGGS) which will be inaugurated by PM Modi at Mahatma Mandir Convention Centre in Gandhinagar on Wednesday. "Strengthening ties! Multiple MoUs inked between India and UAE witnessed by PM @narendramodi and UAE President Mohamed bin Zayed Al Nahyan. A testament to the enduring partnership and shared commitment," Gujarat Information Department shared on its official X handle. Modi received the UAE President and Ruler of Abu Dhabi at the Ahmedabad airport and the two leaders participated in a roadshow in the evening. "Reaffirming the strong bonds of friendship! In a special gesture, PM @narendramodi warmly received HH @MohamedBinZayed, UAE President and Ruler of Abu Dhabi as he arrived at the Ahmedabad airport. HH ...

Welspun One inks pact with Tamil Nadu govt, proposes Rs 2,000 cr investment

Welspun One on Monday said it has inked an initial pact with the Tamil Nadu government for a proposed Rs 2,000-crore investment in the state over the next five years. This comes on the back of a similar initial pact for Rs 2,500 crore investment proposal signed with the state government in 2021. The second pact signed at the Tamil Nadu Global Investors' Meet 2024, outlines Welspun One's commitment to drive the proposed development of industrial and logistics parks with an estimated investment outlay of Rs 2,000 crore over the next five years, Welspun One said in a statement. This initiative is expected to generate direct employment opportunities for 5,000 people and contribute to the development of ancillary industries, creating indirect employment opportunities for 10,000 people, it added. "Welspun One's ongoing commitment to invest in Tamil Nadu reflects a collaborative spirit and a common resolve to meet all mutually agreed obligations, guided by the facilitation of Guidance, th

TN global investors meet: Tata Electronics, JSW, TVS unveil mega plans

Hyundai, Pegatron, First Solar also queue up

World wants to engage with India on FTAs: Union minister Piyush Goyal

Union Minister Piyush Goyal on Sunday said the world today wants to engage with India for free trade agreements (FTA), and to expand trade and diplomatic relations with India. Speaking at the inaugural of the maiden Global Investors Meet of the DMK government, the Commerce and Textiles Minister said India's young population has given demographic dividend which has become the envy of the world. Batting for women joining the formal workforce in the country, he said, when women go to work, it will not only add to the GDP but will also add twice to the country's GDP as the work they are now doing will be replaced by technology. Elaborating, he said, ... as more and more women come into formal workforce, the work what they are now doing, which is unfortunately not reflecting in our GDP will be replaced by technology as India will become the largest market for washing machines, dishwashers.. India will become the largest market for goods and services, he said. Underscoring that women led

Singapore firms to invest Rs 31,000 cr in Tamil Nadu during investors meet

Global investors meet 2024 to see significant investment from Singapore in Tamil Nadu's sustainability and infrastructure development

France sets up an exclusive Country Pavilion at TNGIM 2024 to boost ties

France has set up an exclusive country pavilion at the third edition of the Tamil Nadu Global Investors Meet, a two-day event from January 7, which is aimed at fostering economic ties with India, an official release on Saturday said. The Consulate of France in Puducherry and Chennai and the Indo-French Chamber of Commerce and Industry announced that France is one of the country partners for the event and has set up an exclusive France Country Pavilion at the Tamil Nadu Global Investors Meet 2024. "This significant initiative aims to foster economic ties between India and France while showcasing the prowess of French companies in Tamil Nadu, a region with long-standing historic, cultural, and business significance," an official release said. France has partnered with the Tamil Nadu government since the maiden GIM in 2015 which was held under the late Chief Minister J Jayalalithaa and again in the second edition in 2019 when 'Edappadi' K Palaniswami of the AIADMK was the chief ...

Tamil Nadu govt's 3rd Global Investors Meet set to begin on January 7

Tamil Nadu is all set to host the third edition of the Global Investors Meet, and the first one by the ruling DMK government, from Sunday with a galaxy of leaders set to participate in it. A host of representatives from several multinational companies, over 450 international delegates, and representatives from 50 countries are expected to attend the two-day event. The previous editions of the Global Investors Meet (GIM) were held in 2015 and 2019, when AIADMK was the ruling party, under the chief ministers late J Jayalalithaa and Edappadi K Palaniswami, respectively. The Ministry of Industries and Guidance Tamil Nadu--the state's investment promotion agency--, who are the organisers of the event, expect over 30,000 participants during GIM 2024 with Union Commerce Minister Piyush Goyal set to be part of the inauguration along with Chief Minister M K Stalin and his cabinet colleagues. "As the Tamil Nadu Global Investors Meet 2024 approaches, the air is thick with anticipation! With o

Gujarat govt signs deals worth $86 billion ahead of investment summit

The home state of Prime Minister Narendra Modi has been signing these agreements ahead of its biennial Vibrant Gujarat Global Summit

Rishi Sunak hails huge vote of confidence in UK at Global Investment Summit

British Prime Minister Rishi Sunak on Monday announced that the world's leading investors have committed GBP 29.5 billion in new projects and capital as a huge vote of confidence in the UK economy. The British Indian leader, who welcomed CEOs of some of the world's leading businesses for a Global Investment Summit at Hampton Court Palace in London, said that thousands of jobs will be created across the country, including tech, life sciences, renewables, housing and infrastructure. Blackstone, Goldman Sachs, JP Morgan Chase, Barclays, HSBC and Lloyds Bank are among those represented at the British Ideas Past, Present and Future entitled summit, to be followed by a reception at Buckingham Palace hosted by King Charles III. Today's investments, worth more than GBP 29 billion, will create thousands of new jobs and are a huge vote of confidence in the future of the UK economy, said Sunak. Global CEOs are right to back Britain we are making this the best place in the world to invest an

Australia to be partner country at Tamil Nadu global investors meet in Jan

Australia sees 'scope to do more' with Tamil Nadu in education and research, advanced manufacturing, clean energy

CM Dhami reaches London to invite industrialists to Global Investor Summit

Uttarakhand Chief Minister Pushkar Singh Dhami on Tuesday morning reached London Airport to attract investors for the upcoming state Global Investor Summit slated to be held in Dehradun in December

TN plans global investors' meet in Jan; attracts Rs 2.73 trillion in 2 yrs

Over 300 MoUs translating into investments worth Rs 3 trillion were signed at the last GIM in 2019

AP investors summit sees Rs 1.17-trn MoUs on Day 2; RIL inks Rs 50k-cr pact

Amongst the major investors, Reliance has signed one MoU with an investment of Rs 50,000 crore which will generate employment for 10,000 people

CM Mann woos investors, promises to give clearances within 15 days

The previous Punjab Investment Summit attracted investment to the tune of 8,200 crore, according to the commitment listed on the Summit's website

UP govt to hold roadshow in Bengaluru on Monday to woo investors to state

UP govt is all set to hold its 7th domestic roadshow in Bengaluru on Monday to draw investors to the upcoming Global Investors Summit (GIS) 2023 in the state, an official release said

Uttar Pradesh prepares for Global Investors' Summit 2023 on a war footing

Adityanath had sent eight teams abroad to hold international roadshows at 21 cities in 16 countries