Chennai, Nov. 7 -- Tamil Nadu has constituted the Tamil Nadu Investment Promotion Commission (TNIPC), headed by the Chief Secretary, to attract and facilitate investments, particularly those linked to India's free trade agreements (FTAs) and overseas people of Tamil origin.

The commission, notified by the Industries, Investment Promotion and Commerce Department on November 3 under the amended Tamil Nadu Business Facilitation Act, 2018, will coordinate with key departments to move investment commitments towards project implementation, commercial operations and employment generation.

The move supports the state's ambition of becoming a USD 1.5 trillion economy by 2036, with the government emphasising predictable timelines for converting i...