Key Sectors: Automobiles & Auto Components Tamil Nadu has the largest auto components industry base & accounts for 30 per cent share each in the Indian automotive and auto components industries, 17 per cent in the trucks segment, and 20 per cent each in the passenger cars and two-wheelers segments. Tamil Nadu’s strong performance in the auto industry is because of the presence of skilled manpower with strong engineering capabilities. Chennai is dubbed as the ‘Detroit of India’ for its large-scale auto production infrastructure. Chennai has over 350 Tier I to III suppliers apart from more than 4000 SMEs under Tier IV segment.Chennai is fast emerging as a major export hub of cars for the Southeast Asian and South African markets & has the capacity to produce 12.8 lakh cars and 3.5 lakh commercial vehicles annually. Chennai has a potential to double the automobile production within the next 3 years and the potential to emerge as one of the Top 10 Auto clusters in the world Ta m i l N a d u G o v e r n m e n t h a s s i g n e d memorandums of understanding (MoUs) with five auto companies (Daimler India Commercial Vehicles, India Yamaha Motor, Ashok LeylandNissan, Eicher Motors and RPG Group company Philips Carbon Black) for an investment of upto US$ 1.7 billion in the state. The recent Automobile and auto parts policy focuses on further development and consolidation of automobile and components industry where Tamil Nadu enjoys a comparative advantage and to strengthen this industry as a key driver of economic growth. The objectives are to promote new auto clusters, competitiveness and cutting costs for the industry, encourage Small and Medium Enterprise vendors, Encourage Public-PrivatePartnership initiatives and Industry-Institution partnerships in skill development& to generate additional employment potential for about 5 lakh persons by 2015 in automobile and components industry, double exports by 2016 by ensuring harmonious industrial relations and to make Tamil Nadu “numero uno” in Asia in Automobile and Components Industry.
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the overall socio -economic development of a State. As per Central Electricity Authority's (CEA) statistics for March 2016, Tamil Nadu has a total installed capacity of 25,394 MW. Of this the central sector accounts for 12,653 MW, while the state sector accounts for 7,599 MW. The balance installed capacity of 5,142 MW is accounted for by private power companies in the state.The installed capacity includes about 2,182 MW of hydro power, which is normally used to meet the peak-hour load. Tamil Nadu is a leader in renewable energy, more specifically the wind power. The installed capacity of renewables as of March 2016 is around 9,511 MW. TN - Power Demand and Deficit The recent Solar policy of the Government is trying to give a thrust to the solar energy projects in the State. Tamil Nadu Vision 2023 envisages an investment of US$ 39.6* billion to expand generation capacity by 30,000 MW.
Textiles: Tamil Nadu is the largest producer of cotton yarn& is known as “Yarn Bowl” of the Country. The State accounts for 40 per cent of India’s installed capacity. The state has a notified SEZ for textiles in Erode district with an area of 103.64 hectares.
Power:
Coimbatore and Tirupur are the major textile centers in Tamil Nadu. Tirupur is known as the ‘Knitting City’, while Coimbatore is called the ‘Manchester of South India’. Karur, Madurai and Rajapalayam are the other textile centers in the state. The TiruPpur cluster contributes nearly 56 per cent of India’s total knitwear production and about 90 per cent of cotton knitwear exports.
The success of economic growth in an economy with sustainable development critically depends upon the macro economic environment coupled with infrastructural development. As such, power development is one of the key inputs for
The government of Tamil Nadu plans to set up a textile park at Eraiyur village on the TiruchiChennai national highway in Perambalur district. The textile park would be an export-oriented facility and is aimed at increasing the pace of
ANNUAL REPORT 2015-16