TN embarks on rapid industrialisation drive

Development of a financial city close to Chennai, setting up of an aerospace park in public private partnership, creation of country-specific industrial parks, sector-specific policy statements for different industries, and the establishment of a state competitiveness council are some of the newly announced proposals of the Tamil Nadu government for faster industrialisation and greater employment generation in the state. In the reply to the debate on demand for grants for his department, the deputy chief minister and minister for industries MK Stalin said that steps were being taken to develop a financial city with private participation to attract banks, insurance ...

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