Key Sectors

• In May 2022, Mr. M Madhiventhan, the State Tourism Minister, made a bunch of tourism-related announcements:
  • Construction of a ‘Spiritual and Cultural Eco-park’ on the East Coast Road, in collaboration with the Department of Hindu Religious and Charitable Endowments Department (HR and CE), at a cost of Rs. 1.5 crore (US$ 193,362).
  • Every year, in partnership with the state horticulture department, a summer festival including flower, fruit, vegetable, and palm goods exhibition and show would be held in Chennai at a cost of Rs. 25 lakh (US$ 32,227).
  • In Chengalpattu, the Poondi reservoir and the Kolavai Lake will be developed as a tourist destination with activities including as water sports, boat rides, adventure activities, and bird watching decks.
• In May 2022, Southern Railway announced that it will set up solar power plants at 18 stations in northern Tamil Nadu to reduce emissions.
• In May 2022, Acme Solar Holdings Ltd announced that it was planning to set up an integrated seven gigawatt (GW) renewable energy and green ammonia production facility in Tamil Nadu at an estimated cost of about US$ 6 billion.
• In September 2021, Minister for Rural Industries, Mr. TM Anbarasan, announced that four industrial estates will be established across Tamil Nadu to ensure balanced growth across the state. The industrial estates will be developed by the Tamil Nadu Small Industries Development Corporation (Tansidco) at Manapparai in Tiruchirappalli district, Kaverirajapuram in Thiruvallur district, Kodur in Chengalpattu district and Sakkimangalam in Madurai district, across a total of 394 acres at a project cost of Rs. 218.22 crore (US$ 38.20 million), and which is expected to generate 7,000 jobs.
• In September 2021, the state government announced that the 144-km Coimbatore metro rail project will be completed at a cost of Rs. 6,300 crore (US$ 855.79 million) through Coimbatore Trichy Road, Avinashi Road, Sathyamangalam Road, Mettupalayam Road and Corporation Roads.
• In August 2021, the state government announced the ‘Chief Minister Road Improvement Scheme’ to widen roads connecting the taluk headquarters and the district headquarters in the next 10 years. The government will spend Rs. 3,200 crore (US$ 434.69 million) in FY22 to widen roads to two-lane and four-lanes to facilitate free movement of traffic.
• In February 2021, Prime Minister Mr. Narendra Modi flagged off the Chennai Metro Rail Phase-1 extension from Washermanpet to Wimco Nagar, built at a cost of Rs. 3,770 crore (US$ 519.78 million). The 9.05-kms extension of the Chennai Metro will connect North Chennai with the airport and Chennai Central Railway Station. He also inaugurated the fourth railway line between Chennai Beach and Attipattu. The 22.1-km stretch, constructed at a cost of Rs 293.40 crore (US$ 40.45million), passes through Chennai and Thiruvallur districts.
• As of July 2021, the state had 56 formally approved Special Economic Zone (SEZs), 53 notified SEZs and five with in-principle approval SEZs and has total 49 exporting SEZs.
• Tamil Nadu is the largest producer of cotton yarn, accounting for 41% of India’s production. During October-September 2019-20(E), the state was estimated to produce 600,000 bales** of cotton.
• As of March 2019. IT & ITeS export from Tamil Nadu increased to Rs. 1.39 lakh crore (US$ 19.9 billion) in 2018-19 at a growth rate of 10% YoY.
• Tamil Nadu ranked 1st in terms of foreign tourist arrivals and second in terms of domestic tourist arrival in 2019(P). In 2019, foreign tourist arrival reached 6.86 million and domestic tourist stood at 494.86 million.

Note: P - Provisional, ** - of 170 kgs each, E - Estimated