Chennai: Entreating Ford Motor Company to renew its vehicle manufacturing and increase its world expertise centre in Tamil Nadu, Chief Minister M Okay Stalin invited IT Serve Alliance, the biggest consortium of IT service corporations for small and medium companies within the US, to make new investments in his State..
Meeting senior honchos of each Ford and IT Serve Alliance at Chicago, as a part of his ongoing interactions with executives and CEOs of assorted US corporations on Tuesday, Stalin mentioned new enterprise investments by each Ford and IT Serve Alliance in Tamil Nadu to generate extra jobs for the youth.
IT Serve Alliance now operates with 2,400 member corporations throughout 23 states within the US, supporting enterprise pleasant insurance policies, enhancing networking alternatives, bettering native communities by means of CSR and STEM initiatives and offering authorized help for high-performance worker immigration.
Stalin met with IT Serve Alliance’s National President Jagadish Mosali, Directors.Siv Moopanar and Samp Moova, Chicago wing President, Satish Yalamanchili, and different senior officers, and invited them to make new investments in Tamil Nadu to supply jobs for expert youth.
The honchos of Ford, the second-largest American vehicle producer working worldwide with its headquarters in Dearborn, Michigan, who met Stalin included Ford’s IMG President, Okay.Hart, Vice President (International Government Affairs), Matthew Kotlowski and Ford India Director (Government Affairs), Sripath Pat.
The Chief Minister requested them to renew the auto manufacturing in Tamil Nadu, which was stopped very not too long ago, and to increase their world expertise and enterprise options heart in Chennai. Ford, which entered India in 1995 by establishing an vehicle manufacturing unit at Maraimalainagar, close to Chennai, closed the plant in 2022. It now runs solely the again workplace operations from Chennai.
Since Tamil Nadu has emerged as one of many fastest-growing economies on the earth and as a number one state in India with a excessive variety of industries, the Chief Minister’s invitation to the executives of Ford Motors could possibly be considered by the auto maker.
Even in any other case, to draw extra enterprise investments, Tamil Nadu has been growing world-class infrastructure services, industry-specific parks, and varied new initiatives, together with analysis and improvement tasks, innovation packages, and talent improvement facilities, supported by complete {industry} insurance policies.
It was on the energy of these initiatives that the Chief Minister has been making vital efforts to create extra job alternatives for the youth and improve industrial progress within the State and has additionally undertaken the most recent official go to to the USA to draw enterprise investments.
The go to has already borne fruits with the signing of agreements price Rs 70.16 billion with 16 main world corporations in San Francisco and Chicago. Besides, invites have been prolonged to senior executives of assorted high world corporations to spend money on Tamil Nadu.