TAMIL NADU'S ECONOMY

Tamil Nadu is one of the leading industrial States in India. Situated at the southern tip of India over an area of 1.3 lakh sq km Tamil Nadu has a population of 6.34 crore. It is the hub of Indian automobiles industry. Several automobile and automobile ancillary units are located in Tamil Nadu. The State is also famous for its garments industry. This is located in Tirupur, Coimbatore and Chennai, the capital.
Tamil Nadu has been an aggressive and successful promoter of the State to attract investments. The State ranks third in terms of FDI and fresh investments.
Tamil Nadu is one of the most urbanised States in the country. The rate of urbanisation rose from 27 per cent in 1961 to 44 per cent in 2001. In terms of Human Development Index (HDI), the State moved from seventh position in 1981 to third position in 2001.

Courtesy : CMIE