Chennai, Feb. 2 -- In a significant development for Tamil Nadu's economic landscape, Hapag-Lloyd, a global leader in container shipping, has formalised a strategic partnership with the Tamil Nadu state government.
A memorandum of understanding (MoU) was signed on Wednesday, solidifying the company's commitment to invest Rs 2,500 crore in the region.
The signing ceremony took place in Madrid, Spain, where Hapag-Lloyd's Managing Director, Jesper Kanstrup, and Director, Albert Lorente, met with Tamil Nadu Chief Minister M K Stalin.
During the meeting, Chief Minister Stalin highlighted the promising investment opportunities within the state and urged Hapag-Lloyd to consider Tamil Nadu for its expansion plans.
As per the official release...