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TN CM Stalin concludes US tour, govt signs pacts worth over Rs 7,000 cr

Business Standard LogoBusiness Standard18h ago

TN CM Stalin concludes US tour, govt signs pacts worth over Rs 7,000 cr - Business Standard

Quick Summary:

The MoU was signed in the presence of Chief Minister M K Stalin in Chicago on September 12 between officials of the state and the company, represented by its Chairman and CEO Nanua Singh and others, an official release here said, adding the new electronic and telematics firm would come up at Hosur.

The Tamil Nadu government on Friday said it has signed an MoU with US-headquartered Rapid Global Business Solutions, Inc, a supplier of business solutions across various industries, and the firm would set up a new unit in the state by investing Rs 100 crore.

In total, the state government has inked pacts totally worth Rs 7,616 crore with 18 companies during the Chief Minister's official US tour to attract investments.


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Category: BusinessFinance

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Published On: 2024-09-13 @ 17:24:33 (18 hours ago)

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News Source URL: business-standard.com

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Copyright Owner: © Business Standard

News ID: 22492704

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