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EPS, Annamalai criticize Tamil Nadu government over South Korean company shifting to Andhra Pradesh

Justin, 15/11/202515/11/2025

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Chennai, Nov 15 (IANS) The AIADMK and the BJP on Saturday strongly attacked the DMK government after South Korean footwear maker Wasung International decided to shift its proposed Rs 1,720 crore project from Tamil Nadu to Andhra Pradesh. Opposition leaders say the move has cost the state about 20,000 direct jobs.

AIADMK general secretary Edappadi K. Palaniswami (EPS) was the first to strike and questioned what Tamil Nadu gained from Chief Minister MK Stalin’s frequent foreign tours and investment summits. “The Korean company which once announced that it would set up operations in Tamil Nadu has now shifted its project to Andhra Pradesh. After four years of these colorful shows and investor conferences, what benefit has Tamil Nadu got?” he asked.

EPS said companies that had earlier promised to invest were now backing out, pointing to deeper issues in governance. He accused the government of allowing law and order to deteriorate, failing to ensure women’s safety and being mired in corruption charges – all of which, he said, have shaken industrial confidence.

Palaniswami alleged, “How can industries come to a state run by rulers who prefer publicity over performance? The youth who believed that new industries would bring jobs have been badly disappointed by this incompetent DMK government.”

He said that the industries which have moved out of the state will return after the formation of the AIADMK government in 2026.

Following criticism from EPS, former Tamil Nadu BJP president K. Annamalai also blamed the DMK government for letting a big investment opportunity slip away. Recalling that the Industries Minister had proudly announced Vassung’s decision to set up a large-scale footwear manufacturing facility generating 20,000 jobs, Annamalai said the shifting of the project within just three months reflects poorly on the state administration.

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He accused the Chief Minister and the Industries Minister of being in “deep sleep” while neighboring states are aggressively attracting global manufacturing. “Other states are growing fast, but Tamil Nadu is losing its position due to negligence and misgovernance. International companies are leaving because they do not trust this government,” he said.

Annamalai alleged that Tamil Nadu, which was once seen as a land of opportunities, was now becoming a land of “lost opportunities” under the DMK rule, adding that foreign investors were opting for other states due to the lack of positive approach towards the current administration.

–IANS

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