TN govt forms committee to attract companies exiting China

Tamil Nadu Industries Minister M.C. Sampath said an official committee has been formed to attract industries exiting China to the state.

Chennai:Tamil Nadu Industries Minister M.C. Sampath on Monday said an official committee has been formed to attract industries exiting China to the state.

Speaking to a Tamil news channel in Cuddalore, Sampath said the state government is looking at attracting companies exiting China here.

He said an official committee has been formed to bring the companies here that are going away from China.

As per reports, multi-national companies are mulling to exit China and looking at other locations.

The Japanese government has announced assistance to its companies planning to exit China.

(IANS Report)