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Discussion Starter #1 (Edited)
About Tamil Nadu Global Investors Meet (GIM)

In an effort to build on the attractive growth prospects in Tamil Nadu and the Government’s commitment in maintaining the state’s position as one of India’s most preferred investment destinations, a Global Investors’ Meet has been organized on 9th and 10th September, 2015, at Chennai Trade Centre, Chennai, Tamil Nadu. This event is a focused endeavour to realize the State’s vision of inclusive growth through investment inflows, growth in employment, balanced regional development and environmentally sustainable long term development.
Please post all the news & links about TN GIM 2015 only in this thread.

Thanks
 

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An ideal investment destination



The signboard inside the SIPCOT Industrial Growth Centre in Perundurai in Erode district provides easy access to the industrial units.— PHOTO: M. GOVARTHAN

The nearly 3,000-acre SIPCOT (State Industries Promotion Corporation of Tamil Nadu Limited) Industrial Growth Centre in Perundurai, one among the largest in Tamil Nadu, has been receiving offers for investment by large industry players.

A couple of companies have approached SIPCOT authorities for sanction of land. Industries buying plots at the rate of Rs. 27.10 lakh per acre on 99-year-lease enjoy advantages of well-laid roads to an overall length of 42 km, power, and water

Dyeing units, tannery industries, asbestos industries, rubber reclamation unit, an LPG bottling plant of Indian Oil Corporation, units producing sponge iron, a private cold storage plant, and food product companies operate out of the SIPCOT Industrial Estate. Of the total area, there is a Special Economic Zone on 255 acres for manufacture of engineering components. Six units are functioning and another six are under construction, according to official sources.

Almost all the industries in SIPCOT Industrial Growth Centre meet most of their water requirement through recycling. Of the daily usage of 300 lakh litres, the SIPCOT provides only 40 lakh litres. The rest is recycled water, says Udayakumar, Assistant Environment Engineer, Perundurai Division.

Delegations from other States choose the Perundurai SIPCOT Industrial Growth Centre to study Zero Liquid Discharge system, he adds
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Neatly erected signboards indicating the locations of every manufacturing unit is a latest attraction in the industrial estate where 225 industries have been allotted close to 1,700 acres. Forty industries are under construction.:cheers: Internal road connectivity with varying widths provides a ‘ready to operate’ confidence for aspiring investors.

Industry sources said the Perundurai SIPCOT Growth Centre with only 300 more acres left for allotment was certain to attract the attention of participants of Global Investors Meet planned in Chennai next month owing to its advantageous location along the Salem-Coimbatore four-lane National Highway. It is also just an hours drive away from Coimbatore Airport.
http://www.thehindu.com/news/national/tamil-nadu/an-ideal-investment-destination/article7580734.ece
 

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^^

I posted these links so that sector wise presentation prepared by GIM team can be reached well.

GIM team has tried their best to put the information on every sector and strength of all cities/towns in their sector.

For example.. Textile sector is very good and they are marketing Tiruppur with very good stats.

http://tamilnadugim.com/wp-content/uploads/2015/04/textile_industry.pdf

The GIM team work needs to be appreciated for sure. :applause:
 

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^^Many of the consulting side was done by PWC along with the dept secretaries ...

Looking at the presentation and information on the content..its pretty neat and competitive..
 

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But even the basic information is wrong.

8+% of India's GDP is TN.

If you calculate,8% 2T should be 150-160 B based on the year they have taken but they are showing 80B...

WTF they get paid 100 crs...Just to put shit like this...
 
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Yes, there were some stupid errors. For eg. in the dist profile - they had mentioned Coimbatore as Southern TN, second most industrialized state in the state of TN etc..
 

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But even the basic information is wrong.

8+% of India's GDP is TN.

If you calculate,8% 2T should be 150-160 B based on the year they have taken but they are showing 80B...

WTF they get paid 100 crs...Just to put shit like this...
As per this PPT.. http://tamilnadugim.com/wp-content/uploads/2015/04/tamilnadu-state-profile1.pdf

India's GDP is 958 billion USD in 2013-14 with 2004-05 constant price...

8.4% comes to 80 billion USD...which is right IMO.

Where did you get 2T??
 

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I didn't know TamilNadu had the second longest coastline in India until I read that PPT above :cheers:
 

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Official World bank and IMF figures
I guess you guys are getting confused with current and constant prices. 2T is World bank and IMF values for current price GDP.

The GIM stats completely deals with 2004-05 constant price GDP.

You can find below data in any gvt sites!!

http://statisticstimes.com/economy/gdp-of-india.php

India GDP in 2013-14 at 2004-05 constant price is 5741791 crores.
TN GDP in 2013-14 at 2004-05 constant price is 480615 crores.

Applying USD Value when this GIM was proposed (1$=60 rupees)

India GDP - 957 billion
TN GDP - 80 billion

I don't see anything wrong with figures given by the consultants. They could have taken current prices and even PPP value so that figures may look more good. :nuts:
 
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I guess you guys are getting confused with current and constant prices. 2T is World bank and IMF values for current price GDP.

The GIM stats completely deals with 2004-05 constant price GDP.

You can find below data in any gvt sites!!

http://statisticstimes.com/economy/gdp-of-india.php

India GDP in 2013-14 at 2004-05 constant price is 5741791 crores.
TN GDP in 2013-14 at 2004-05 constant price is 480615 crores.

Applying USD Value when this GIM was proposed (1$=60 rupees)

India GDP - 957 billion
TN GDP - 80 billion

I don't see anything wrong with figures given by the consultants. They could have taken current prices and even PPP value so that figures may look more good. :nuts:
nobody is confused .. :) . you had asked from where the 2T figure came ....and I was just quoting the source,that the 2T figure(which is the gdp calulcated at current prices ) is kind of officially used to compare GDPs of different countries by the organizations like IMF and the WHO....
 
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