Caterpillar, Petronas among five companies given green light by TN Cabinet for industrial projects

Chennai: The Tamil Nadu Cabinet on Tuesday gave its approval to five industrial ventures in the State that could fetch huge investments besides provide job opportunities.

US-based Caterpillar and Malaysia's state-run oil and gas giant Petronas are among the five companies that have been accorded sanction to start their projects, an official said.

During the nearly one-hour meeting chaired by Chief Minister M K Stalin, the Cabinet discussed the arrangements for holding the Global Investors Meet in January next year and an overseas trip by the Chief Minister-led delegation to attract more investment to the State.

The year-long birth centenary celebrations of former Chief Minister M Karunanidhi which would commence on June 3 and also the DMK government's completion of two years in office on May 7 and stepping into the third year were also discussed.