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

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.