Tamil Nadu produces nearly four lakh engineering and polytechnic students every year, the highest in the country.
Chennai, India's third-largest market for Global Capability Centres, is set to more than double its office space leased to GCCs by FY25, with American companies driving demand and a growing talent pool.
The Home Minister-led committee approved US$ 132.4 million (Rs. 1,115.67 crore) for disaster mitigation and capacity-building projects, including US$ 118.7 million (Rs. 1,000 crore) for landslide risk mitigation across 15 states and US$ 13.7 million (Rs. 115.67 crore) for training volunteers.
Global footwear brands are investing in Tamil Nadu as a manufacturing hub, boosting job creation and local supply chains.
IIT Madras has partnered with ISRO to set up a Centre of Excellence in fluid and thermal sciences, with US$ 0.22 million (Rs. 1.84 crore) funding for thermal management research for launch vehicles and spacecraft.
High streets led retail leasing in Q3 2024, accounting for 68% of the total leased space, with demand driving rental growth, while mall leasing remained subdued due to limited new supply.
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