Tamil Nadu, the land of Kanjivaram sarees, houses the country's largest spinning industry. The urbanized state has the second largest coastline – 1,076 km – in India and an excellent road and rail network. Tamil Nadu has a diversified manufacturing sector and features among the leaders in several industries like automobiles and auto components, engineering, pharmaceuticals, garments, textile products, leather products, chemicals, plastics, etc. It ranks first among the states in terms of number of factories and industrial workers.
During 2018-19, total merchandise exports from the state stood at US$ 30.52 billion.
According to the Department for Promotion of Industry and Internal Trade (DPIIT), cumulative FDI inflows in Tamil Nadu and Puducherry from April 2000 to June 2019 stood at US$ 30.69 billion.
As of November 2019, the state had 54 formally approved SEZs, 50 notified SEZs and four with in- principle approval SEZs and has total 40 exporting SEZs.
Only Indian state to 4 international airports, Tamil Nadu is planning Special Purpose Aviation Resource Cluster SEZs (SPARKS) to boost investments in the sector, which is expected to create 100,000 direct and indirect employment opportunities for highly skilled resources.
Tamil Nadu has diverse soil types and 7 agro-climatic zones that offer ample opportunity to grow a variety of horticulture crops. Also, seafood and spices form a major part of agricultural exports from the state.
Tamil Nadu ranks first in apparel production and second in textile production in India. It houses India's largest spinning industry, accounting for almost 40% of the total installed capacity of the country.
The state accounts for 21% of the total auto exports from India. Chennai, the capital of Tamil Nadu, is one of the largest auto hubs in the country. Tamil Nadu is the largest tyre manufacturing state in India and home to over 80 auto component manufacturers.
Tamil Nadu is the fourth largest software exporter from India. The state has the largest telecom bandwidth and highest tele-density in India with 14.8 tbps. IT exports from the state account for more than 10% of the country’s total IT exports. IT & ITeS exports from Tamil Nadu have increased to Rs.1,111.79 bn (USD $17.25 bn) in 2017-18, at a growth rate of 8.55% year-on-year.
Tamil Nadu is the fourth largest software exporter from India. The state has the largest telecom bandwidth and highest tele-density in India with 14.8 tbps. IT exports from the state account for more than 10% of the country’s total IT exports. IT & ITeS exports from Tamil Nadu have increased to Rs.1,111.79 bn (USD $17.25 bn) in 2017-18, at a growth rate of 8.55% year-on-year.
Tamil Nadu ranked 1st in terms of domestic tourist arrivals and 2nd in terms of foreign tourist arrival in 2017. The state is also one of the leading medical tourism and wellness tourism destinations in India.
he state has highest renewable energy capacity in India and ranks 10th globally in installed capacity of wind power generation units. An advantageous geographical position offers Tamil Nadu a staggering potential of 500 MW biomass power and solar incidence of 5.5-6 kWh/m2 per day.
Andhra Pradesh, the 10th most populated state in India, is home to about 4.1% of the country's total population. The state's population of 49.4 mn is equivalent to the population of Spain.
FDI in India Crossed 80 Billion Dollar Last Year: PM Modi
Indian Healthcare Sector Attracts Over USD 12 Billion in FDI: PM Modi
PM Modi pushes for Aatmanirbharta vision at CII Annual Meeting 2021
India must be aware of new FDI - Foreign Destructive Ideology. Says PM Modi.
FDI equity inflows into India cross $500 billion milestone
