Tamil Nadu Chief Minister M.K. Stalin has appointed a prominent Indian American venture capitalist, M.R. Rangaswami as Tamil Nadu’s ‘Investment Ambassador’ on Friday, November 26.
Rangaswami has been an active member of the Indian American community whose influence has inspired many.
Over the years he has worn many hats including being an entrepreneur, investor, corporate eco-strategy expert, community builder and a philanthropist.
Most importantly, he is the founder of Indiaspora, a nonprofit who mission is to unite the Indian diaspora and to transform their success into meaningful impact in India and on the global stage.
By sharing insights, hosting events and connecting people, Indiaspora unites the professionally, geographically and religiously diverse Indian American community toward collective action, the press release said.
On honoring him his new crown, CM Stalin praised Rangaswami for his achievements in the US.
Dr. VGP, an Indian American community leader and president of the World Federation of Tamil Youth, USA in Chicago, congratulated CM Stalin on the appointment and said Tamil Nadu will soon become India’s number one industrialized state under Rangaswami’s captaincy, it said.
Neil Khot, national chairman of the Indian American Business Coalition, based in Washington, D.C., congratulated Rangasawami, saying that he is an excellent and apt choice who can make things happen.
Tamil Nadu has made giant strides in attracting global investment recently, thanks to IAS officer T. Muruganandam, who was till recently industries secretary and was now promoted to the key position as the state’s finance secretary, noted the release.
The event was attended by Rangaswami wife and his two children, who have been supportive of his past endeavors and his current leadership position to tackle more India-centric issues.