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Tamil Nadu Global Investors Meet
The Tamil Nadu Global Investors Meet (TNGIM) is a business summit organised by the Government of Tamil Nadu in Chennai to allow domestic and foreign investment in the state. The first business summit was held in 2015. The latest meeting in 2019 enabled the signing of 304 memorandi of understanding (MoUs) and potential investments worth ₹300,431 crores (US$42 billion). Focus sectors The primary focus sectors are: * Aerospace and Defence * Agribusiness and food processing * Automobile * Chemicals and Petrochemicals * Electronics * Heavy Engineering * IT and ITES * Pharmaceuticals and Biotechnology * Renewable energy * Skill development * Textiles Highlights First meet In 2015, the Meet was organized by Chief Minister J. Jayalalithaa. More than 5,000 delegates attended, signing over 100 MoUs, and raised ₹24,000,000 of investment. Second meet On 23 and 24 January 2019, the second Meet was held at the Chennai Trade Centre. 304 MoUs were signed and potential in ...
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Chennai
Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of the Bay of Bengal. According to the 2011 Indian census, Chennai is the sixth-most populous city in the country and forms the fourth-most populous urban agglomeration. The Greater Chennai Corporation is the civic body responsible for the city; it is the oldest city corporation of India, established in 1688—the second oldest in the world after London. The city of Chennai is coterminous with Chennai district, which together with the adjoining suburbs constitutes the Chennai Metropolitan Area, the 36th-largest urban area in the world by population and one of the largest metropolitan economies of India. The traditional and de facto gateway of South India, Chennai is among the most-visited Indian cities by foreign tourists. It was ranked the ...
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Outsourcing
Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981. The concept, which ''The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises (privatization), even if conducted on a limited, short-term basis, may also be described as outsourcing. Outsourcing includes both foreign and domestic contracting, and sometimes includes offshoring ( ...
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Business Conferences In India
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated and e ...
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Economy Of Chennai
Chennai, the capital city of the state of Tamil Nadu, India, is the largest industrial and commercial center of South India. Recent estimates of the economy of the Chennai Metropolitan Area is around US$ 78.6-86 billion, $200 billion with industrial zones; PPP GDP, ranking it from fifth most productive metro area of India, and the third highest by GDP per capita. The GCC area doesn't include the nearby industrial zones of oragadam, ,Siruseri , Sriperumbudur,etc . After the expansion of Chennai's metropolitan Area by Government of Tamil Nadu in 2022, the economy of Chennai Metro politan is estimated to be around $200 billion. Chennai has an economic base anchored by the automobile, software services, medical tourism, hardware manufacturing and financial services. Other important industries include petrochemicals, textiles and apparels. The Chennai Port and Ennore Port contribute greatly to its importance. Chennai was recently rated as having the highest quality of life ...
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Economy Of Tamil Nadu
Tamil Nadu is the second largest state economy in India. It is also the most industrialised state in the country. More than 60% of the state is urbanized, accounting over 10.6% of the urban population in the country which is 6% of India's total population. Services contributes to 55% of the economic activity in the state, followed by manufacturing at 34% and agriculture at 11%. Government is the major investor in the state, with 52% of total investments, followed by private Indian investors at 29.9% and foreign private investors at 14.9%. It has been ranked as the most economically free state in India by the Economic Freedom Rankings for the States of India. Macroeconomic trend Socialist Boom Real GSDP per capita grew 96 per cent during 1980-95. Capitalist Boom Real GSDP per capita grew 188 per cent during 1995-2014. Economic Bust Real GSDP per capita grew 35 per cent during 2014-21. Agriculture and livestock Tamil Nadu has historically been an agri ...
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Narita, Chiba
is a city in Chiba Prefecture, Japan. , the city had an estimated population of 131,852 in 63,098 households and a population density of 620 persons per km². The total area of the city is . It is the site of Narita International Airport, one of the two main international airports serving the Greater Tokyo Area. Geography Narita is located in the northern center of Chiba prefecture, about from the prefectural capital at Chiba and from the center of Tokyo. Narita International Airport is about further from the city center of Narita (the location of the city hall). Located on the Shimosa Plateau, the old town (centered on Narita-san) and the new town are in the southwestern part of the city, and Narita International Airport is in the hills in the southeast. Agricultural areas take water from the Tone River, which runs through the border between Imba-numa in the western part of the city and Ibaraki prefecture on the north. Most of the city is between above sea level. Surround ...
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Kattupalli Shipyard
The Kattupalli Shipyard, officially Adani Katupalli Port Private Limited is a large shipyard project at Kattupalli village near Ennore in Chennai, being built by L&T Shipbuilding Ltd. It is being set up jointly by TIDCO and Larsen & Toubro (L&T) in two phases. L&T shipbuilding Kattupalli is a minor port. Adani ports and special economic zone (APSEZ) acquired Kattupalli Port from L&T in June 2018 and renamed it as Adani Katupalli Port Private Limited (AKPPL). In terms of cargo generation, the terminal is located close to the majority of Container Freight stations in Chennai. The Kattupalli development also includes a shipyard being developed by L&T, a private sector–backed development. It is planning to compete with Japanese and Korean shipyards in building "specialised ships," such as large-size warships, car carriers, submarines, naval offshore patrol vessels, fast patrol vessels and corvettes. After Colombo and Singapore, Kattupalli will be the third major international ...
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Indian Oil Corporation
Indian Oil Corporation Limited (IOCL; d/b/a IndianOil) is a central public sector undertaking under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in New Delhi. It is a public sector undertaking whose operations are overseen by the Ministry of Petroleum and Natural Gas. Indian Oil is ranked 142nd on the Fortune Global 500 list of the world's biggest corporations as of 2022. It is the largest government owned oil producer in the country, with a net profit of $6.1 billion for the financial year 2020-21. As of 31 March 2021, Indian Oil's employee strength is 31,648, out of which 17,762 are executives and 13,876 non-executives, while 2,776 are women, comprising 8.77% of the total workforce. Indian Oil's business interests overlap the entire hydrocarbon value chain, including refining, pipeline transportation, marketing of petroleum products, exploration and production of crude oil, natural gas and petrochemicals. Indian Oi ...
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Adani Group
Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad. It was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises. The Group's diverse businesses include port management, electric power generation and transmission, renewable energy, mining, airport operations, natural gas, food processing and infrastructure. Worldwide, Adani Group has over 100,000 total employees, both directly and indirectly. In April 2021, Adani Group became the third Indian conglomerate to cross US$100 billion in market capitalisation. It crossed the market capitalisation of US$200 billion in April 2022, becoming the third Indian conglomerate after Tata Group and Reliance Industries to do so. In November 2022, Adani Group market capitalization reached top $280 billion (INR 24 trillion) and market capital vision $1 trillion by 2029, surpassing Tata Group. According to The Washington Post, more than 60 percent of the Adani ...
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List Of Chief Ministers Of Tamil Nadu
The chief minister of Tamil Nadu is the chief executive of the Indian state of Tamil Nadu. In accordance with the Constitution of India, the governor is a state's ''de jure'' head, but ''de facto'' executive authority rests with the chief minister. Following elections to the Tamil Nadu Legislative Assembly, the  state's governor usually invites the party (or coalition) with a majority of seats to form the government. The governor appoints the chief minister, who is accountable to the assembly through his council of ministers. Given that he has the confidence of the assembly, the chief minister's term is for five years and is subject to no term limits. Since 1952, Tamil Nadu has had 12 chief ministers. The longest-serving chief minister, M. Karunanidhi from Dravida Munnetra Kazhagam held the office for over eighteen years in multiple tenures, while he was the one who had the largest gap between two terms (nearly thirteen years). The All India Anna Dravida Munn ...
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Textile Industry
The textile industry is primarily concerned with the design, production and distribution of yarn, cloth and clothing. The raw material may be natural, or synthetic using products of the chemical industry. Industry process Cotton manufacturing Cotton is the world's most important natural fibre. In the year 2007, the global yield was 25 million tons from 35 million hectares cultivated in more than 50 countries. There are five stages of cotton manufacturing: * Cultivating and Harvesting * Preparatory Processes * Spinning — giving yarn * Weaving — giving fabrics * Finishing — giving textiles Synthetic fibres Artificial fibres can be made by extruding a polymer, through a spinneret (polymers) into a medium where it hardens. Wet spinning (rayon) uses a coagulating medium. In dry spinning (acetate and triacetate), the polymer is contained in a solvent that evaporates in the heated exit chamber. In melt spinning (nylons and polyesters) the extruded polymer is cooled in gas or ...
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Renewable Energy Industry
The renewable-energy industry is the part of the energy industry focusing on new and appropriate renewable energy technologies. Investors worldwide have paid greater attention to this emerging industry in recent years. In many cases, this has translated into rapid renewable energy commercialization and considerable industry expansion. The wind power, solar power and hydroelectric power industries provide good examples of this. In 2020, the global renewable energy market was valued at $881.7 billion and consumption grew 2.9 EJ. China was the largest contributor to renewable growth, accounting an increment of 1.0 EJ in consumption, followed by the US, Japan, the United Kingdom, India, and Germany. In Europe, renewable consumption incremented 0.7 EJ. Overview Net-zero and 100% renewable energy global goals create market opportunities for renewable industries such as solar and wind energy and lithium-ion batteries. By 2050, it’s estimated that the renewable market will reach a v ...
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