Indian Chamber of Commerce Tamil Nadu State Office
About the State
Tamil Nadu is the fourth-largest state of India. Located on the southern coast of India, Tamil Nadu is 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. The state has a diversified manufacturing sector and features among the leaders in several industries like automobiles and auto components, engineering, pharmaceuticals, garments, textile products, leather products, chemicals, plastics, etc. It ranks first among the states in terms of the number of factories and industrial workers.
Economy
Tamil Nadu’s gross state domestic product (GSDP) is estimated to be Rs. 24.85 trillion (USD 320.27 billion) in 2022-23. The state’s GSDP increased at a CAGR of 11.27 percent between 2015-16 and 2022-23. In 2020-21, the tertiary sector contributed 54.33 percent to the state’s Gross State Value Added (GSVA) at current prices, followed by the secondary sector at 32.72 percent.
Social Sector: Health
In the Budget 2022-23, Rs. 17,733 crore (USD 2.28 billion) has been allocated to the Health and Family Welfare Department. The state has a 3-tier health infrastructure comprising hospitals, primary health centres, health units, community health centres & sub-centres. As of May 2020, the state had 34 district hospitals, 319 sub-district health centres, 1,976 primary health centres, 8,725 sub-centres & 449 community health centres.
Education
Tamil Nadu is one of the most literate states in India. The state’s literacy rate is 82.09 percent in 2022, which is above the national average. The state also achieved about 100 percent Gross Enrollment Ratio (GER) in primary and upper primary education.
Key Industries
Agricultural and allied industries
Textile
IT and ITES
Tourism
Sugar
Fertilizer
Automobile Industries
Cement
Major state policies
- Tamil Nadu Electronics Hardware Manufacturing Policy, 2020
- Aerospace and Defense Industrial Policy, 2019
- Tamil Nadu Solar Energy Policy 2019
- Information Communication Technology (ICT) Policy 2018
- Highways and Minor Ports Department Policy Note-2017-18
- Tamil Nadu Industrial Policy 2021
ICC Tamil Nadu State office
The Indian Chamber of Commerce (ICC) has set up its Tamil Nadu State office and State council with the intention of collaborating with the Tamil Nadu government to foster economic growth. Mr. Shivkumar Eashwaran has been appointed as the Chairman of the Tamil Nadu State Council. The state council aims to support industries in the Southern Region by engaging in policy dialogues with relevant Government departments and Industries, as well as by establishing an effective network to oversee the implementation of policy recommendations provided by the council.
The Tamil Nadu state council is expected to focus on organizing conferences, international delegations, workshops, stakeholder interactions, seminars, and large-scale business-to-business (B2B) and business-to-government (B2G) events in the Southern Region. Additionally, ICC plans to establish a strong social media presence by actively engaging with relevant stakeholders and the wider society through various social media platforms.
