In Chennai, MoUs for investments worth more than one lakh crore rupees are set to be signed between industry captains and the Tamil Nadu state government officials today, at the end of the two-day Global Investors Meet.Chief Minister J.Jayalalithaa claimed in her inaugural address yesterday that the investment commitments have already exceeded the target fixed for the event.She claimed that an investor-friendly environment is available in the state with more than 24-thousand acres of land earmarked for industrial purposes and promised all clearances within 30 days of filing applications.Over 5000 delegates are attending the event including 1000 from abroad. A report from AIR correspondent reports, in the first ever Global Investors Meet of the Tamil Nadu Government, many big industrial houses have already expressed their intentions to invest heavily in the state including HCL, TVS, Adani Group, ITC, Mahindra and Mahindra and Yamaha.More investment plans are expected to be revealed today, far exceeding the targeted figure. Chief Minister J.Jayalalithaa said the state is now power surplus, which was reeling under long hours of power cuts a few years back.By the sheer number of delegates and the promises of investments, the meet is termed as a landmark event, though realising those investment commitments would be a challenge.