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Our Correspondent

Madurai, March 16 Madurai should gain strategic importance to attract more investments, according to Mr M.M. Murugappan, Managing Director, TI Cycles (Chennai).

Madurai has both the potential and resources, but concerted efforts are required to improve its strategic importance to serve the needs of industries. Concessions to industries to attract investments will not be able to bring about the desired results, he told Business Line on Saturday.

The uniqueness of Madurai offers opportunities to develop skills in activities related to tourism and culture and the local initiative should concentrate and promote them. “As of now, we have no plans for Madurai except dealerships but as time ripens, we will consider,” he added.

More Stories on : Infrastructure | Economy | Tamil Nadu

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