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The Hindu
The Hindu
National
The Hindu Bureau

Stop industries from shifting out of Tamil Nadu, Palaniswami urges CM Stalin

Continuing his criticism of Chief Minister M.K. Stalin over his recent official visit to Singapore and Japan, AIADMK general secretary Edappadi K. Palaniswami on Friday urged the DMK government to take steps to prevent industries from shifting their operations from Tamil Nadu to other States.

He also demanded steps to ensure that the investments envisaged under the earlier memoranda of understanding were made in the State. In a statement, he pointed out that the Chief Minister had claimed the MoUs for ₹3,233 crore in investments were signed during his tour of Singapore and Japan. But the MoU with Mitsubishi for ₹1,891 crore in investment was signed in Chennai. “So, the investments for which MoUs were signed during the tour amounted only to ₹1,342 crore.” He said Komatsu was brought to the State when the AIADMK was in power and Omron was operating in Uttar Pradesh. “These investments could have been received easily by inviting the Indian CEOs of these companies. The Chief Minister instead went to Singapore and Japan, and that is what we call a loss.”

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