Last Updated: March 13, 2014
Latest update: April, 2014
Last Updated: April, 2014
TAMIL NADU State Report | March, 2014
Tamil Nadu is the southernmost state of India, surrounded by Andhra Pradesh from the north, Karnataka and Kerala from the west, Indian Ocean from the south, and Bay of Bengal from the east.It is the fourth largest state of India, and contributed 7.6 per cent to India’s gross domestic product (GDP) in 2012-13. Gross state domestic product (GSDP) of Tamil Nadu grew at a compound annual growth rate (CAGR) of 16.5 per cent between 2004-05 and 2012-13, reaching US$ 137 billion in 2012-13.
Tamil Nadu ranks third in terms of investments in fixed capital. Outstanding investments in Tamil Nadu totaled US$ 173.3 billion in 2012-13. The cumulative foreign direct investment (FDI) inflows from April 2000 to September 2013 amounted to US$ 12.2 billion, the third highest in India.
The state has a well-developed social, physical and industrial infrastructure and virtual connectivity. Excellent road and rail network, three major ports, 23 minor ports and seven airports provide excellent connectivity. It is one of the first states in India to have 100 per cent metaled road connectivity.
Tamil Nadu has a range of manufacturing industries like automobiles & components, castings & forgings, pumps & motors, garments & textile products, leather products, chemicals & plastics, etc. It ranks first among all states in terms of the number of factories and industrial workers.