Tamil Nadu is drawing tourists in droves, and welcoming private players to scale up the sector. The state is now experimenting with the public-private partnership (PPP) model in tourism big time. In line with this, the state govt recently signed 127 MoUs worth more than `22,700 crore with private players. The investments are spread across amusement parks, adventure tourism, sports and recreation, ropeway circuits, luxury hotels and resorts. The potential has piqued global interest with Vietnam-based conglomerate Vingroup, which manufactures VinFast EVs at Tuticorin, exploring multiple locations in TN to set up amusement parks and resorts.The development comes amid industries and the finance dept coordinating with the tourism dept to promote the sector. While SIPCOT, under the industries department, is identifying locations to be developed into well-equipped tourist destinations that can be allotted to investors in hospitality, the Tamil Nadu Infrastructure Development Board (TNIDB), part of the finance dept, is exploring projects with tourism potential.
