1 week ago

Tamil Nadu’s Next Growth Phase Targets Value Over Volume

Tamil Nadu has been making products in factories since the 1950s.

It now wants to make more advanced products, not just larger quantities of products.

The state already has many factories, workers, suppliers, ports and transportation links.

Its next plans include semiconductors, electronics, artificial intelligence, clean energy and aerospace.

The government also wants universities and companies to work more closely on research and training.

It says technology should help people gain better jobs rather than simply replace them.

A recent investment event included companies from 15 sectors and could create about 25,500 jobs.

The government says it will focus on turning investment promises into real factories, projects and employment.

Key facts

Factory workforce: Nearly 2.9 million people are employed in Tamil Nadu’s factories.
Engineering graduates: Tamil Nadu produces nearly 143,000 engineering graduates annually.
MSME share: The state has India’s largest number of registered MSMEs, accounting for nearly 15% of the national total.
Skilling: More than 4.1 million young people have been trained through industry-aligned programmes involving over 1,400 companies.
Women in manufacturing: Nearly 43% of women employed in manufacturing in India work in Tamil Nadu.
Investment conclave: Vettri Tamil Nadu covered 15 sectors and included announcements linked to around 25,500 projected jobs.
Future policy focus: Industrial Policy 2026 is intended to support integrated manufacturing, design, engineering, research and innovation-led investment.

businesstoday.in · 1 week ago