In a bid to woo foreign investments in the wake of some companies mulling moving out of some countries in view of the corona virus impact, Tamil Nadu Chief Minister Edappadi K Palaniswami announced formation of a Special Committee to attract them to invest in the State. Several firms from Japan, Taiwan, South Korea, Singapore and the United States were planning to exit from some countries due to the economic setback caused by the COVID impact and were planning to expand their manufacturing base to other countries, including India.
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