Trade industry welcome projects to turn    Coimbatore into investment destination \
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Trade industry welcome projects to turn Coimbatore into investment destination

20-Apr-2022
Coimbatore Apr 20 PTI The local chapter of Indian Chamber of Commerce and Industry on Wednesday expressed happiness over Coimbatore bagging three projects at a cost of Rs 850 crore The Tamil Nadu government had announced initiatives to develop the western region into an attractive investment destination Of the three projects the first one is a common facility centre to be set up here at an investment of Rs 500 crore to support companies in aero design and development maintenance repairs and operations industrial robotics avionics and mechatronics and testing among others said the Chamber president C Balasubramanian in a statement The second project involves jointly establishing a multi-model logistics park with TIDCO at a cost of Rs 300 crore the third is to set up a post-processing unit at an investment of Rs 50 crore for aerospace and defence industries he said The Chamber industry and trade in the region thanked Chief Minister M K Stalin for announcing the projects he added PTI NVM NVG NVG
20-Apr-2022 National
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Minister promises to meet core sector needs of western TN \
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Minister promises to meet core sector needs of western TN

25-Sep-2021
Coimbatore Sept 25 PTI Tamil Nadu PWD Minister E V Velu on Saturday promised to take steps to fulfil the infrastructural requirements of the western region of the State particularly Coimbatore Addressing an interactive meeting organised by the local chapter of Indian Chamber of Commerce and Industry and Kongu Global Forum the Minister said he had raised the issue with the Chief Minister M K Stalin earlier and the latter had sanctioned the infrastructural projects required by Coimbatore However the city needed more such projects it was stated at the meeting A power-point presentation was made to highlight the additional needs and they were related to road rail and air connectivity Besides there was the need for Metro train service new railway tracks and setting up of a Tamil Nadu Rail Development Corporation State Minister of Forest K Ramachandran was among those who took part in the interaction PTI NVM NVG NVG
25-Sep-2021 National
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