J Jayalalithaa Current Affairs

Tamil Nadu’s first Global Investors Summit begins in Chennai

Tamil Nadu’s first Global Investors Summit (TNGIM 2015) has begun in Chennai to woo investors to invest in the state.

TNGIM 2015 was officially inaugurated by state Chief Minister J.Jayalalithaa at the Chennai Trade Centre.

The first of kind investors summit in southern state of India is seeking to targeted investment commitment of one-lakh crore rupees.

Over 5000 delegates including from foreign nations are attending the two-day summit. It also included captains of Indian industry and global corporates and representatives of Indian and global industrial bodies.

Nine countries have registered themselves as partner nations for the mega investment event. State government is aiming to translate investments from this summit by signing about 100 MoUs in the two-day summit to generate around 150,000 jobs over the next 3 years.

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J Jayalalithaa launches first phase of Chennai Metro

First phase of Chennai Metro service was inaugurated by Tamil Nadu Chief Minister J Jayalalithaa after she flagged off inaugural train.

The first phase of Metro service covers the 10-km overhead (elevated) stretch. It connects Alandur in south Chennai to Koyabedu in the north.

The metro service will bear capacity of 1276 passengers with four coaches. It will cover seven stations in the stretch. They are Koyambedu, Arumbakkam, Vadapalani, Chennai Mofussil Bus Terminus, Ashok Nagar, Ekkattuthangal.

The Corridor 2 or second phase of this metro connecting Chennai Central and St. Thomas Mount is will be ready by end 2015. The whole project is implemented by Chennai Metro Rail Limited (CMRL). It was approved by then Congress-led UPA government in 2009.

With launching of this Metro service, Chennai became seventh city in India to have metro service. Other 6 cities are Delhi, Mumbai, Gurgaon, Bangalore, Kolkata and Jaipur.

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