Today, the first investors’ conference of the TVK government was held. The fact that journalists were not invited to this conference became a talking point.
Following this, former Industries Minister T.R.B. Raja posted on his X page...
"For our leader Mr. M.K. Stalin, our Leader of the Opposition Mr. Udhayanidhi Stalin, and for me, nothing is more important than the overall development of Tamil Nadu, especially the growth of the industrial sector.
Every investment that comes to our state, every factory that is set up, and every job that is created brings us great joy.
Yes, we welcome this regardless of which party is in power.

That is why we insist that even the claim that 97 memorandums of understanding were signed today needs greater transparency.
The fact that journalists were denied permission to participate in today’s event raises serious doubts!
For the past several decades, the industrial journalists in Chennai have played a key role in presenting Tamil Nadu’s investment growth to the world. Why were such people kept out of this event? Why has the official list of those 97 memorandums of understanding not been released yet?
Based on the information available, the true situation becomes clear:
* It is clear that nearly 70 memorandums of understanding, accounting for about 75% of the investment value and 83% of the jobs, are expansions of companies already in operation or investment initiatives that were already launched during the Dravidian model government period of the Honorable former Chief Minister M.K. Stalin.
* Titan’s ₹1,000 crore investment came on the basis of the company’s existing relationship with the state government through the TIDCO framework.

* Even if we generously include all investments that are new or are believed to be likely to come in the future, that is still only 24 memorandums of understanding! Their investment value is only 23% and employment only 15%.
I want to make one thing clear:
The expansion of companies is welcome.
It is welcome that investments previously discussed are now being finalized. Every job opportunity is welcome.
However, an investment that was already developed, negotiated, or announced during the previous administration cannot suddenly become a “new record” merely because it is being showcased at a new conference.
Although Tamil Nadu’s industrial growth reached new heights whenever the DMK was in power, the state’s industrial success does not belong to any single political party. The DMK has always respected this.
That is why we have always highlighted and celebrated the strength of our diverse industrial ecosystem, as well as our entrepreneurs and investors.
The previous government created a favorable business environment, attracted investors, signed memorandums of understanding, developed projects, and enabled companies to expand.
There is nothing more important to my leader @mkstalin our LoP @Udhaystalin and me than #TamilNadu’s overall growth and especially industrial growth.
— Dr. T R B Rajaa (@TRBRajaa) August 13, 2026
Every investment, every factory, every job created in our state makes us happy. Yes, irrespective of which govt is in place.… pic.twitter.com/gdv7VJ0E3e
The current government should be judged fairly only by what it brings in new and what it actually accomplishes.
That is why the question raised today by the Indian Entrepreneurs Association gains importance:
Memorandums of Understanding > Investment > Production > Jobs > Micro, Small & Medium Enterprises (MSME) opportunities.
Jobs created at the Micro, Small & Medium Enterprises (MSME) level... jobs... jobs... jobs...
That is the real measure.
Release immediately to journalists the list of companies that signed today. Let them review it. Let the public know which of them are truly new, which are company expansions, and which were already planned.
If the numbers are truly as impressive as the advertisements claim, then this transparency will only strengthen that achievement, not weaken it.
Tamil Nadu has the right to know the truth.
We will always remain hopeful about Tamil Nadu’s growth!"
