T.N. Governor’s address: TVK govt. to establish Investor Promotion Commission to fast-track approvals for companies

The Tamil Nadu government will establish the Tamil Nadu Investor Promotion Commission under the chairmanship of the Chief Secretary to grant fast-track approvals to companies investing more than ₹200 crore or providing employment to 5,000 persons, Governor Rajendra Vishwanath Arlekar said in his address to the Assembly on Thursday (June 18, 2026).

In his speech, the Governor said the government is firm that industries must grow and workers must thrive in order to achieve the target set by Chief Minister C. Joseph Vijay of transforming Tamil Nadu into a $1.5-trillion economy by 2036.

The procedures for starting industrial enterprises will be simplified to boost industrial growth in Tamil Nadu. The government will also take measures for the early grant of permissions required to start Micro, Small and Medium Enterprises (MSMEs) through a single-window system. Through these measures, Tamil Nadu will achieve rapid industrial growth and create lakhs of employment opportunities, he said.

New industrial policy

With the aim of promoting the State’s economic stability and industrial growth, while maintaining continuity with previous industrial policies, the State government will notify a new industrial policy that considers present and future requirements and offers special incentive schemes for domestic and global companies to make fresh investments in Tamil Nadu.

The government will enhance the ease of doing business environment by upgrading the single-window system into a fully digital platform applicable to all sectors and granting all permissions swiftly without any administrative delay.