Chennai to emerge as top auto-clusters: Jaya
Chennai to emerge as top auto-clusters: Jaya
TN Chief Minister says her government will unveil a Vision 2025 document to meet the industry expectations...

CHENNAI: With more automobile majors evincing interest to have their presence here, Chennai is all set to emerge as one of the top five global auto-clusters, Tamil Nadu Chief Minister J Jayalalithaa said here on Tuesday. In her address at the CII National Council meeting here, Jayalalithaa said with Chennai practically having everything that moves - from bicycles to battle tanks, tractors, and even rail-road coaches, "it is set to emerge as one among the top five global auto-clusters."My vision is to make the city as the world's largest auto-cluster", she said.It was in this context that her government was proposing to bring out the "Vision Document 2025" meeting the expectations of the industry leaders, she said."This document will contain clear-cut policies for promoting investments in infrastructure like power, ports, ship building. There will be special emphasis on renewable energy like solar power", she said.Presently, top auto companies including German luxury car maker BMW, Korean Hyundai, Ford from US have established their plants near the city.Top officials of France-based auto major PSA Peugeot Citroen had recently met Jayalalithaa and discussed their proposal to set up a manufacturing facility at an estimated investment of Rs 4,000 crore providing employments of 20,000.Tamil Nadu to come out with vision documentCHENNAI: Tamil Nadu Chief Minister J Jayalalithaa on Tuesday said her government will soon come out with a Vision Document 2025 to promote investments in the infrastructure sector.Addressing industry captains at the National Council Meeting of the Confederation of Indian Industry (CII) here, she said: "My government proposes to bring out a Vision Document 2025 that will meet your expectations. This document will contain clear-cut policies for promoting investments in infrastructure like power, ports, ship-building and others. There will be special emphasis on renewal energy like solar power."Appealing to industrialists present at the meeting to invest in Tamil Nadu, she said: "The state government will act as a catalyst in fulfilling your dreams. This is a state that delivers, and we need active partners who can see growth both in the old and the new economy and participate in the generation and propagation of wealth."Stating that she is alive to the industry's concerns about the power-cut scenario in the state, Jayalalithaa assured the industrialists that the government is seized of the matter and is taking efforts on war footing to correct the situation.She said the state will soon become surplus in power.Referring to CII's central theme for 2011-12 'Business for Livelihood', Jayalalithaa said her government has the common man as the focal point and improving his standard of living is the central theme of the government's economic policy.Stating that the medium and long-term prospects of India were encouraging, she said the country still has the problem of poverty and inequitable distribution of income and wealth.

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