Davos 2025: Tamil Nadu Minister TRB Rajaa Claims Knowledge of Investments Flowing to Tamil Nadu and Gujarat

Investments Foreign Trips

Posted by NewAdmin on 2025-01-29 09:22:16 |

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During a panel discussion at the World Economic Forum 2025 summit in Davos, Tamil Nadu's Minister for Industries, Investment Promotion, and Commerce, TRB Rajaa, shared insights into the flow of investments to Tamil Nadu and their eventual shift to Gujarat. Rajaa joined Karnataka ministers who previously accused the Union government of pressuring investments to move to Gujarat.

Rajaa stated, “I personally know how investments came to Tamil Nadu but ended up in Gujarat.” He further emphasized that while Tamil Nadu and Maharashtra are key competitors in the investment race, the ultimate goal is to benefit India as a whole. “I’m happy if investments go to Gujarat, but they should thrive there. The key is to ensure that these investments succeed. If you want them, tell us so we don't waste time negotiating incentives. Tamil Nadu is a resilient state,” he added.

Rajaa also underscored Tamil Nadu’s forward-thinking approach, especially in terms of investment in education and talent development. He highlighted that Tamil Nadu was well-prepared for the shift in global business strategies, particularly the ‘China Plus One’ strategy, which made India the preferred destination for investments. “Being proactive and future-focused has always been our strength,” Rajaa noted. He pointed to Tamil Nadu’s position as a manufacturing powerhouse, stating that the state has always been ahead of the curve.

Reflecting on Tamil Nadu’s evolution, Rajaa mentioned that the state's emergence as the SaaS capital was not an overnight success but a result of years of preparation. “The Tamil Nadu story is always about being future-ready. We learn from global trends and adapt accordingly. Being prepared for the future is what Tamil Nadu is all about,” he said.

Arun Roy, Industries Secretary of Tamil Nadu, added to the discussion by detailing the state's administrative reforms aimed at meeting investor expectations. He highlighted the state’s flexibility in meeting specific investor needs, such as providing housing for workers at the request of electronic component manufacturers. This adaptability, he noted, has made Tamil Nadu a highly competitive destination for investment.

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