Tamil Nadu  - Glance

• Tamil Nadu, located on the south-eastern coast of India, is a significant contributor to the Indian economy.
• Tamil Nadu is the 2nd largest economy in India.

• Tamil Nadu has
  • 2nd longest coastline in India
  • 4 large and 22 minor sea ports
  • 4 International & 2 Domestic Airports
  • 5,324 km of National Highways, 11,830 km of State Highways, 46,496 km of District roads and 1,49,446 km of Rural roads.

• Tamil Nadu ranks 1^st
  • in terms of Industrial Performance in India
  • in investment potential in India as per Frost and Sullivan March 2018 report
  • in number of factories in India
  • in number of persons employed in India
  • in annual turnout of skilled manpower in India
  • in number of operational special economic zones in India.

• Tamil Nadu ranks 2^nd
  • in India in NCAER (National Council of Applied Economic Research) State Investment Potential Index 2018
  • in India in terms of educational attainment
  • in India in Economic Development Index 2017 as per Frost and Sullivan Report – March 2018
  • in healthcare in India
  • in delivering Good Governance (Public Affairs Index 2018).

• Tamil Nadu ranks 3^rd
  • in total number of MSME units in India.

• Tamil Nadu ranks 4^th
  • in FDI inflows into India (7.7% of India’s total FDI inflow in 2017-18)
  • in India in terms of exports (9.8% of India’s total exports).

Man power

• Tamil Nadu produces highly skilled manpower every year.
• The state has
  • 2 Central Universities
  • 22 State Universities
  • 700 Arts & Science Colleges
  • 1018 Engineering Colleges (AICTE approved)
  • 560 Industrial Training Institutes
  • 509 Polytechnic Institutes
  • 29 Government Medical Colleges.

 Chennai – Capital city of Tamil Nadu

• Chennai is consistently ranked amongst the top 6 “Most Pocket Friendly Cities” in India by the Economic Intelligence Unit.

• Chennai is ranked as the 2nd best Metro City in terms of Ease of Living Index
• Chennai is known as “Automobile Capital of India”.
• Chennai is a part of 3 important Industrial Corridors of Government of India
  • Chennai–Bangalore Industrial Corridor
  • Chennai–Kanniyakumari Industrial Corridor
  • Visakhapatnam–Chennai Industrial Corridor.

  Global Investors Meet - 2015

• The first edition of the Global Investors Meet which was held on 9th and 10th September 2015 at Chennai.
• During that two-day summit, the Government of Tamil Nadu attracted investments worth over 2.40 lakh crores (about USD 36 Billion).
• There were more than 5,000 delegates from India and across the world who participated in this meet.
• Around 100 MoUs were signed during GIM-2015.

 Global investors Meet – 2019

• Encouraged by the success of GIM 2015, the Government of Tamil Nadu is organized GIM 2019 on 23rd and 24th January 2019 at Chennai Trade Centre, Chennai.
• This summit showcased the competitive strengths and opportunities in Tamil Nadu.
• Hence, GIM 2019 provides an ideal platform for understanding Tamil Nadu as a preferred Investor’s Choice.

 Objectives of GIM 2019

• Position Tamil Nadu as the Investor’s Choice
• Showcase Tamil Nadu’s potential business opportunities and sector specific investible projects to investors
• Showcase the ease of doing business and the initiatives undertaken by the State Government
• Converge National and International experts to share sector specific global best practices
• Showcase the State’s rich culture and heritage.

 Focus Sectors

• The State has 12 focus sectors namely

Aerospace & Defence

• Home to India’s First Defence Corridor.
• Aerospace Park in Sriperumbudur (Vallam-Vadagal).
• A Maintenance Repair Overhauling (MRO) complex is being planned in Chennai.

Agro & Food Processing

• In India, Tamil Nadu is the
  • 2^nd largest producer of Poultry & Dairy
  • 2^nd largest producer of Coconut
  • 3^rd largest producer of Tea & Coffee
  • 7^th largest producer of Fruits.
• Tamil Nadu ranks
  • 1^st in terms of productivity of fruit crops like Papaya, Sapota & Pomegranate
  • 2^nd in Banana cultivation area.
• Tamil Nadu is the leading producer of spices and cashew nuts.
• Tamil Nadu contributes 7% to India’s food processing.
• Tamil Nadu was the state with the highest egg production in the year 2017-18.
• State has one mega food park, eight industrial parks and four Agri - Export Zones.
• Tamil Nadu has well established agricultural universities and research institutions across the state (Tamil Nadu Agricultural University).
• Tamil Nadu received “Global Agriculture Leadership Award 2016” from the leading magazine, “Agriculture Today”.

Automobiles & Auto Components

• Tamil Nadu is one of the top 10 automobile hubs in the world.
• Tamil Nadu accounted for 45% of India's motor vehicle / car exports in 2017-18.
• Tamil Nadu accounts for 35% of India’s auto component production.
• Tamil Nadu is the largest tyre manufacturer in the country.

Chemicals & Petrochemicals

• The State ranks 3^rd in India’s Total Chemical Output, accounting for 6% of National Production.
• The State has 2588 Chemical Manufacturing Factories.
• Chemicals & Petrochemicals exports from Tamil Nadu stood at USD 913.77 million - FY 2017-18.
• The State has prominent Plastics/Polymer Research Institutions (CIPET – Institute of Plastic technology).
• A Polymer Industries Park is being established by Tamil Nadu Industrial Development Corporation (TIDCO) in Tiruvallur district.

• Established Polymer Industry Ecosystem Home to over 8000 small and medium enterprises providing employment to more than 10 lakh people.

Electronics & Hardware

• Tamil Nadu ranks 2nd in India in Computer, Electronics and Optical Products manufacturing, accounting for 16% of National Production.
• The state ranked 3rd in terms of Electronic Exports (USD 1.27 billion) in FY 2017-18.
• There are two sector-specific SEZs for Electronics & Hardware Sector in Kancheepuram district. They are
  • Electronic/Telecommunication Hardware Hi-Tech SEZ (486 acre) in Sriperumbudur
  • Electronic Hardware Hi-Tech SEZ (348 acre) in Oragadam.

Heavy Engineering

• Tamil Nadu ranks 3rd in India in production of General Purpose and Special Purpose Machinery.
• Ranks 2nd in India in Heavy Engineering Exports - FY 2017-18.
• Coimbatore – Salem Industrial Corridor also has a presence of manufacturers of Industrial Machinery, General Purpose Machinery, etc.
• 3 SEZs supporting the growth of Heavy Engineering sector are
  • Engineering sector SEZ (263 acre) in Perundurai, Erode District
  • Transport Engineering SEZ (255 acre) in Gangaikondan, Tirunelveli District
  • Sector specific SEZ for Engineering (134 acre) in Ranipet, Vellore District.

IT

• 7% of the total engineering graduates in the State are from Computer Science/ IT/ Electronics/ Communication fields.
• Electronics Corporation of Tamil Nadu Limited (ELCOT) has created 8 IT Special Economic Zones in Chennai, Coimbatore, Madurai (2 places), Trichy, Salem, Tirunelveli and Hosur.

Infrastructure

• State has 4 international and 2 domestic airports.
• Freight handled by the state accounted for 11.81% of India’s total freight volume in tonnes.
• State is amongst the top 9 markets globally in renewable power energy.

• Four large and 22 other ports.

Pharmaceuticals & Biotechnology

• Tamil Nadu is the 5th largest Pharmaceutical Manufacturing State in the Country.
• The State accounts for over 10% of National Pharma Production.
• A Medi Park project is being established by HLL Lifecare Ltd, a Government of India Enterprise and TIDCO.
• Tamil Nadu has India’s largest Agricultural University with 36 Agro Technology Research Stations Supporting in Biotech.

Renewable Energy

• Tamil Nadu Ranks 9th Globally in Net Share of Wind Energy in Total Power Generation.
• Tamil Nadu is the leader in Renewable Energy Sector among all other Indian states with a Total Installed Capacity of 11,113 MW.
• Aralvaimozhi in Kanyakumari district has the largest Wind Power Capacity in India (1,500 MW).

Skill Development

• TNSDC (Tamil Nadu Skill Development Corporation) has trained more than 105,000 candidates in 2017-18.
• Each year 30% of the seats are reserved for women candidates.
• Skill development training initiatives are taken up by SIPCOT to cater to the skill requirement of industries set up within SIPCOT.

Textiles & Apparels

• Tamil Nadu contributes to 1/3rd of the Textile Business in India making it the Textile Valley of India.
• Tamil Nadu ranks
  • 1st in production of Cotton Yarn
  • 1st in export of Cotton Yarn
  • 2nd in production of Blended Yarn.
• Tirupur is called the ‘Knitting City’; Coimbatore is known as the ‘Manchester of South India’.
• Tamil Nadu has the highest number of textile mills in India.
• Footwear and Leather Products SEZ (154 acre) is a sector-specific SEZ in Irungattukottai, Kancheepuram district.

Outcomes

• The Tamil Nadu government has signed 304 Memoranda of Understanding (MoUs) and agreements entailing investments to the tune of over 3,00,431 crore in GIM-II.
• There were investments in relatively new sectors like school education, higher education, office space and tourism.

 Major Investments

• Tyre-maker MRF will invest Rs 3,100 crore for expanding the capacity at its two plants in the State.
• PSA France will invest Rs 1,250 crore for manufacturing Peugeot cars and Eicher Motors would take up another expansion project at an investment of Rs 1,500 crore.
• The Adani group will be investing Rs 10,000 crore on the expansion of Katupalli Port near Chennai.
• Foxconn, with an investment of Rs 2,500 crore, will start manufacturing smartphones in the State.
• In the IT sector, the government has signed 10 MoUs. Netlink Infocom, Malaysia, has inked a deal for Rs 2,500 crore.
• Chennai Petroleum Corporation Limited would invest Rs 27,400 crore in Nagapattinam to establish a major petroleum refinery.
• 16 MoUs were signed between Japanese firms and TN govt as Japan plans to diversify its business interests with a focus on tourism and setting up of language centres to employ Indians in their firms.

 Next Meet

• Tamil Nadu Chief Minister Palaniswami announced the global investor meetings will be held every two years and the next one will be in 2021.

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