Chennai: Tamil Nadu will soon notify a new industrial policy with special incentives to attract fresh domestic and foreign investment. It will also set up Tamil Nadu Investor Promotion Commission (TIPC) chaired by the chief secretary to draw multinational companies, governor R V Arlekar told the assembly on Thursday.He said the state aims to become a $1.5 trillion economy by 2036 by ensuring industrial growth and worker welfare. The govt would improve ease of doing business by upgrading the single-window system into a fully digital, all-sector platform, and granting approvals without administrative delay. “With the aim of promoting the state’s economic stability and industrial growth while maintaining continuity with the previous industrial policies, this govt will notify a new industrial policy,” he said.Steps will be taken through the investor promotion commission to grant fast-track permissions to start operations companies investing more than ₹200 crore or creating employment to 5,000 people, the govt said. Measures will also be taken to grant early permissions to start MSMEs.EOM//
