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Tamil Nadu in Figures TAMIL NADU MEENAKSHI TEMPLE IN MADURAI, TAMIL NADU March 2021 For updated information, please visit www.ibef.org Table of Contents Executive Summary 3 Introduction 5 Economic Snapshot 10 Physical Infrastructure 16 Social Infrastructure 24 Industrial Infrastructure 27 Key Sectors 32 Key Procedures & Policies 41 Appendix 51 2 Executive summary…(1/2) Strong growth in GSDP . Gross State Domestic Product (GSDP) of Tamil Nadu grew at a CAGR of 12.20 % between 2015-16 and 2020- 1 21, reaching about Rs. 20.92 trillion (US$ 269.32 billion) in 2020-21. Strong investment climate and Human resource . Cumulative FDI inflow in the state amounted to US$ 2.68 billion from October 2019 to December 2020. 2 . Tamil Nadu has 59 universities, 40 medical colleges, 517 engineering colleges, 447 polytechnics and 20 dental colleges. Diversified industrial base • Tamil Nadu has a diversified manufacturing sector and features among the leading states in several industries like garments & textile products, IT & ITeS, etc. 3 • It ranks first among the states in terms of number of factories and industrial workers. Source: Central Statistics Office, Department for Promotion of Industry and Internal Trade , News articles 3 Executive summary…(2/2/) Thriving services sector . As of March 2019, IT & ITeS exports from Tamil Nadu have increased to Rs. 1.39 lakh crore (US$ 19.9 billion) in 2018-19, at a growth rate of 10 % year-on-year. 4 nd st . It has a thriving tourism sector and ranks 2 in India in terms of number of domestic tourist arrivals and 1 in foreign tourist arrivals in 2019(P). Robust infrastructure . It has well developed infrastructure with an excellent road and rail network, three major ports, 23 minor ports, and seven airports across the state providing excellent connectivity. 5 . Roads & highways, ports, railways, education and healthcare are likely to see major investments. The state also plans to develop 2 industrial corridors - Chennai-Bengaluru & Madurai-Tuticorin. Source: Central Statistics Office, Department for Promotion of Industry and Internal Trade , News articles 4 INTRODUCTION 5 Tamil Nadu fact file Chennai Capital 555 persons per sq km 72.14 million Population density total population 130,058 sq.km. geographical area 36 million 36.13 million female population male population 996 Sex ratio 80.33% administrative districts: 32 (females per 1,000 males) Key Insights literacy rate . Tamil Nadu is the southern-most Indian state, surrounded by Andhra Pradesh on the north, Karnataka and Kerala on the west, Indian Ocean on the south, and Bay of Bengal on the east. Tamil Nadu is among the most industrialised states in the country. Tamil is the state language; English is also commonly used for communication and as a medium of education. Chennai, Coimbatore, Madurai, Thiruchirappalli, Salem, Tirunelveli and Erode are some of the key cities in the state. The climate ranges from dry sub-humid to semi-arid. Major rivers flowing through the state include Palar, Cheyyar, Ponnaiyar, Kaveri, Bhavani, Vaigai and Tamaraparani. Source: Government of Tamil Nadu website, Census 2011, Maps of India 6 Advantage 2 RICH TALENT POOL 3 LARGE INDUSTRIAL BASE . The state has a highly qualified, skilled, disciplined, . Tamil Nadu has well-developed social, physical and industrial infrastructure productivity-oriented and English-speaking human and virtual connectivity. resource pool. Excellent road and rail network, three major ports, 15 minor ports and seven . Tamil Nadu produces nearly 4 lakh engineering and airports provide excellent connectivity. polytechnic students every year, the highest in the . It is one of the first states in India to have 100 % metalled road connectivity. country. The state introduced the ‘Industrial Policy 2021’ to achieve an annual growth rate of 15% in the manufacturing sector while attracting investments worth 1 HIGH ECONOMIC Rs. 10 lakh crore (US$ 137.8 billion) and creating employment opportunities GROWTH for 20 lakh people by 2025. The GSDP at current price of Tamil Nadu grew at a CAGR of 12.20% between 2015-16 and 4 INFRASTRUCTURE 2020-21. Tamil Nadu ranks first among . Total merchandise exports from all states in terms of the the state stood at US$ 20.49 billion number of factories and in 2020-21*. industrial workers. According to the Good 2 3 . India and China have agreed Governance Index 2019, Tamil to develop Chennai-Chongqing Nadu ranked first in terms of as sister cities. governance. In July 2020, Steel Strips . In July 2020, the Tamil Nadu Wheels Limited received an government signed MoUs worth order worth US$ 1 million from US$ 1.48 billion; this is expected to 1 4 the US; this will be executed create 13,507 jobs in fields such from its Chennai plant as solar cells, data centres and industrial parks Note: * - Until January 2021 Source: Ministry of Statistics and Programme Implementation, March 2015. Tamil Nadu Vision 2023 at 2010 Prices; News articles 7 Vision 2023 7 Reduce 1 Growth . To be India’s most economically vulnerability . To address the causes of prosperous state by 2023 and 7 vulnerability arising due to natural achieve six-fold growth in per capita 1 calamities and economic income. downturns, among others, and 6 mitigate their adverse effects. 2 Opportunities . To exhibit a highly inclusive growth pattern, leading to be a poverty free 2 6 Trade & state with opportunities for gainful and productive employment. Heritage . To nurture a culture of responsive . To ensure peace, security and and transparent governance that 5 prosperity for all citizens and ensures progress, security and businesses, facilitating free trade equal opportunity to all 3 movement between the state, rest stakeholders.. of India & the world. 4 . To preserve and care for the 3 Development state’s ecology and heritage. To become the leading state in social development, with the 5 Investment highest Human Development Index 4 Infrastructure . To become one of the top three preferred among all Indian states. investment destinations in India and Asia. To provide the best infrastructure . To be India’s innovation hub and services in India in terms of access knowledge capital. to housing, water & sanitation, . energy, transportation, irrigation, The state targets attracting investments to connectivity, healthcare and the tune of US$ 248.84 billion between education. 2012-2023. Source: Government of Tamil Nadu 8 Tamil Nadu in figures Tamil Nadu’s Contribution to Indian Economy (2019-20) Physical Infrastructure in Tamil Nadu GSDP GSDP as a percentage of all states’ GSDP Installed power capacity (MW) (February 2021) India: 100.0 | Tamil Nadu: 8.43 India: 379,130.41 | Tamil Nadu: 33,446.79 GSDP growth rate** (%) Wireless subscribers (million) (as of December 2020) India: 11.5 | Tamil Nadu: 12.20 India: 1,153.77 | Tamil Nadu: 80.46 Per capita GSDP* (US$) Internet subscribers (in September 2020) (million) India: 1,982.65 | Tamil Nadu: 3,449.98 India: 776.45 | Tamil Nadu: 55.06 National highway length (km) (As of September 2019) Social Indicators India: 132,499.5 | Tamil Nadu: 6,741.5 Literacy rate (%) (2011) Major and minor ports (No.) India: 73 | Tamil Nadu: 80.09 India: 13+187 | Tamil Nadu: 3+15 Airports (No.) Birth rate (per 1,000 population) (2018) India: 20.0 | Tamil Nadu: 14.7 India: 153 | Tamil Nadu: 8 Industrial Infrastructure Investments (as of December 2020) Operational PPP projects (No.) Cumulative FDI equity inflow (from October India: 1,877 | Tamil Nadu: 84 2019 to December 2020) (US$ million) India: 75,351.56 | Tamil Nadu: 2,683.85 Exporting SEZs (no.) (as of October 2020) India: 262 | Tamil Nadu: 46 Note: GSDP, per capita GSDP figures are for 2019-20 taken at current prices, For source refer to Annexure, ** - year-on-year, MW- megawatt, FDI- Foreign direct investment, MN- Million 9 ECONOMIC SNAPSHOT 10 Economic snapshot – GSDP GSDP of Tamil Nadu at current prices GSDP per capita of Tamil Nadu at current prices 4,000 300,000 350 CAGR (In Rs.) 12.20% 25 CAGR (In Rs.) 11.37% 3,500 300 250,000 20 3,000 250 20.92 296.77 3,449.98 200,000 2,500 18.46 15 261.86 200 3,087.49 243,189.02 3,023.02 16.30 233.25 227.32 2,000 150,000 215,784.37 14.65 150 2,594.34 10 194.16 13.03 2,414.79 194,833.55 179.73 11.77 1,500 100 174,054.14 100,000 158,072.24 5 1,000 50 50,000 500 0 0 0 0 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21BE 2015-16 2016-17 2017-18 2018-19 2019-20 US$ billion Rs trillion US$ Rs . At current prices, Tamil Nadu’s Gross State Domestic Product . The state’s per capita GSDP was Rs. 243,189 (US$ 3,449.98) (GSDP) was about Rs. 20.92 trillion (US$ 296.77 billion) in 2020- in 2019-20. 21BE. Per capita GSDP increased at a CAGR of 11.4% between . The GSDP of the state grew at a CAGR of 12.20% between 2015- 2015-16 and 2019-20. 16 and 2020-21. Note: BE – Budget Estimate Source: Ministry of Statistics and Programme Implementation 11 Economic snapshot – NSDP NSDP of Tamil Nadu at current prices NSDP per capita of Tamil Nadu at current prices 250 18 3,500 250,000 CAGR (In Rs.) 11.93% CAGR (In Rs.) 11.38% 16 3,000 200 16.59 235.38 14 200,000 2,500 14.65 209.67 3,101.14 204.50 12 218,599.02 150 13.18 2,775.28 150,000 10 2,000 2,719.56 174.69 11.72 193,964.23 161.49 10.57 2,334.10 8 175,275.51 1,500 2,169.69 100 100,000 6 156,595.09 1,000 142,027.74 4 50 50,000 500 2 0 0 0 0 2015-16 2016-17 2017-18 2018-19 2019-20 2015-16 2016-17 2017-18 2018-19 2019-20 US$ billion Rs trillion US$ Rs .
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