Chennai: Several major US companies are expected to move out of China following differences between White House and Beijing over issues like the global Covid-19 pandemic. Many countries, including India, are looking to pounce on this opportunity and lure those global companies to their shores.
Tamil Nadu chief minister Edappadi Palaniswami has made a move and written to Apple CEO Tim Cook, Amazon CEO Jeff Bezos, Samsung and 10 other global companies, inviting them to set up business in the south Indian state.
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It was learnt that Palaniswami promised to provide the foreign companies customised incentive packages if they show interest.
