TN realises more than 82 per cent of investment MoUs - The Hindu BusinessLine
TN realises more than 82 per cent of investment MoUs December 30, 2020 The conversion rate of MoUs into actual projects during the last ten years was 82.4 per cent in Tamil Nadu. Between 2011 and 2019, the State government had signed 500 MoUs envisaging investment commitment of ₹5.97-lakh crore. Out of these, 412 MoU projects have either commenced commercial production or are in various stages of implementation representing a conversion rate of 82.4 per cent, said a State government statement. The conversion rate of 98 MoUs signed during GIM (Global Investor Meet) 2015 was 72 per cent an...