C Shivakumar
Chennai:
Five Japanese companies are planning huge investments in Tamil Nadu
during the Global Investors Meet as Japanese companies are planning to
expand their footprint in Chennai, according to Hidehiro Ishiura,
director general of Japan External Trade Organisation.
Speaking to Express on the sidelines of 3rd Trade Meet organised by
Kamarajar Port and Madras Chamber of Commerce and Industry here on
Thursday, Ishiura refused to give details about the size of investment
by the five Japanese companies.
“I can say that the investment is huge. Five companies are keen to
invest in Tamil Nadu. It is up to the state government to give its
clearance for the project,” he said while refusing to give specific
details on where the Japanese companies investment would be in the
state or the name of the five companies.
He said that currently there are 577 companies operating in Chennai
and the footprint of Japanese companies is likely to grow further this
financial year.
He said that the state is the investment destination for Japanese
companies and the Global Investors Meet would offer huge opportunity
for Japanese companies.
The state expects Rs one lakh crore worth investments during the
Global Investors Meet.
Meanwhile Ennore Port is expanding the parking parking space to cater
to 17,500 more cars. The decision was taken after Japanese companies
faced congestion during the end of the month due to large export
orders. “This is a big challenge for us. As the parking space will lie
empty for every 20 days of the month,” said R Senthil Kumar, general
manager, operations, Kamarajar Port.
“But we have agreed to take it up after the request of JETRO director
general. Interestingly, Kamarajar Port is being patronised by Japanese
companies for its efficiency in handling cargo. Companies like Toyota
and Nissan are dependent on Kamarajar Port. The addition of 5,000 more
car park space will make Kamarajar Port as one of leading ports in
India having a car park space of 17,500
No comments:
Post a Comment