Tamil Nadu is one of the well-developed
States in terms of industrial development. The State Government is focused
on stimulating further industrial development, attracting investment,
facilitating new manufacturing capacity and enabling global manufacturing
competence and competitiveness of local industry. Tamil Nadu has emerged
as a front ranking State in attracting investments.
Software & Electronics
Tamil Nadu has witnessed substantial
growth in IT, ITES, BPO and IT Hardware manufacturing sectors. The number
of Software Units in the State is also growing rapidly. The rapid rise
in the number of national and international players that have chosen to
establish their business establishments and manufacturing facilities as
well as the expansion of the activities of the established firms in this
State is a firm indication that Tamil Nadu has emerged as a preferred
destination for domestic as well as foreign direct investment. Leaders
in the Indian IT sector like Tata Consultancy Services (TCS), Infosys,
Wipro, Satyam, HCL, Patni Computers, I-Flex, Polaris and Hexaware as well
as a galaxy of international majors - Accenture, Verizon, Xansa, Office
Tiger, Standard Chartered Bank, ABN Amro, Alcatel, Cognizant Technology
have established their operations in Tamil Nadu.
Agro and Food Processing
Tamil Nadu has rich resource endowment.
Fruits such as Mango, Banana, Citrus Fruits, etc., and vegetables &
spices are abundantly available. Food Processing & Floriculture identified
as thrust sectors by State Government for special incentives. Owing to
the ideal climatic conditions a strong agro-based food industry has emerged
in the state. The state is a world leader in agricultural production with
a high yield per hectare of sugarcane, rice and groundnut.
Chemicals and Petrochemicals
The chemicals industry has grown rapidly
in India and overseas. The state traditionally has a strong base in chemicals
industry. Manali, situated on the outskirts of Chennai, has emerged as
a major petrochemical complex. Leading Producers like Orchid, being the
third largest manufacturer of sterile cephlosporin, Dadha Pharma, Malladi,
Citadel, etc. have set up in Tamil Nadu. Tamilnadu is the ideal location
for: (i) contract manufacturing (ii) global sourcing base(iii) process
engineering for products going off patents (iv) manufacture of generic
and other bulk drugs & formulations. Petrochemical industry in Tamilnadu
is in the threshold of rapid expansion.
Biotechnology
Tamil Nadu is rich in bioresources.
The variety of geographical terrains in the State provides tremendous
biodiversity rarely seen in any other single State. The forest, agricultural
and plant resource base of the State are both large and diverse and represent
great market opportunity for biotechnology products. There are more than
5,000 species of flowering plants and the forest cover in the State spreads
over 22,500 sq.kms. The State also has one of the largest coastlines in
the country which again presents opportunities for marine biotechnology.
The State is also fortunate to have a pool of experts in various areas
of biotechnology with experience in commercialisation of biotech products.
Tamil Nadu is thus well-placed in terms of human resources to exploit
the opportunities in biotechnology. Investment opportunities exist in
all the four segments of biotechnology, namely, (i) Medical / Human &
Animal Healthcare; (ii) Agriculture; (iii) Food; (iv) Environment; and
(v) Industrial Products
Automobile Sector
The state has a well-developed automotive
and auto component industry. It is the hub of Indian automobiles industry.
Several automobile and automobile ancillary units are located in Tamil
Nadu. It has manufacturing facilities across the automotive spectrum from
tractors to battle tanks. Global auto majors like, Hindustan Motors and
Mitsubishi have commenced production plants. Ashok Leyland and TAFE have
set up expansion plants in Chennai. Fortune 500 companies such as Hyundai
and Ford have established manufacturing facilities in the state.
Project Profiles
^ Top
