Bharatpedia

Economy of Tamil Nadu: Difference between revisions

Article Talk

Economy of Tamil Nadu (edit)

Revision as of 14:44, 2 March 2022

8,897 bytes added ,  2 March 2022
no edit summary
No edit summary
Tags: Mobile edit Mobile web edit Advanced mobile edit
No edit summary
Tags: Mobile edit Mobile web edit Advanced mobile edit
Line 241: Line 241:
|access-date=15 November 2006
|access-date=15 November 2006
}}</ref>
}}</ref>
==Industry and manufacturing==
One of the global electrical equipment public sector company [[BHEL]] has manufacturing plants at [[Tiruchirappalli]] and [[Ranipet]]. The Tamil Nadu state government owns the [[Tamil Nadu Newsprint and Papers]] (TNPL),<ref name="tnpl">[http://www.tnpl.co.in/ TNPL]</ref> the world's biggest [[bagasse]]-based paper mills in [[Karur]] . The world's sixth largest manufacturer of watches together with [[Tata Group|TATA]], under the brand name of "Titan" which has manufacturing plant in [[Hosur]].<ref name="titan">{{cite web |url=http://www.tata.com/company/profile.aspx?sectid=A7QqSsuVi+g= |title=Tata group &#124; Our businesses &#124; Tata companies &#124; Titan Industries |publisher=Tata.com |access-date=16 November 2012 |archive-url=https://web.archive.org/web/20121122225358/http://www.tata.com/company/profile.aspx?sectid=A7QqSsuVi+g= |archive-date=22 November 2012 |url-status=dead }}</ref> 40 percent of all wind-generated electricity in India is created by windmills in Tamil Nadu. Danish wind power company [[NEG Micon]] has established its manufacturing unit in Chennai.<ref name="vestas">{{Cite web |url=http://www.vestas.com/dk/Home/index.asp |title=Vestas Webpage |access-date=10 November 2006 |archive-url=https://web.archive.org/web/20061015183629/http://www.vestas.com/dk/Home/index.asp |archive-date=15 October 2006 |url-status=dead }}</ref>
Tamil Nadu is a leading producer of cement in India and with manufacturing units located at [[Ariyalur]], Coimbatore, [[Karur]] and [[Tirunelveli]]. High-density Polyethylene mono filament yarn and associated products are manufactured in [[Karur]] for mosquito nets and fishing nets. More than 60% mosquito nets in India are manufactured here. The region around [[Salem, Tamil Nadu|Salem]] is rich in mineral ores. The country's largest steel public sector undertaking, SAIL, has a steel plant in Salem.
Coimbatore is a major industrial hub in South India and houses more than 30,000 small, medium and large industries. Coimbatore is known as "Manchester of South India" due to its extensive textile industry and also referred to as "the Pump City" as it supplies half or 50% of India's requirements of motors and pumps.<ref>{{Cite news|url=https://www.thehindubusinessline.com/news/national/pump-industry-gears-up-for-road-ahead/article9975629.ece|title=Pump industry gears up for road ahead|work=@businessline|access-date=24 October 2018|language=en}}</ref> The city is one of the largest exporters of [[textile]], [[jewellery]], [[wet grinder]]s, [[poultry]] and [[Automobile|auto components]] and the term "Coimbatore Wet Grinder" has been given a [[Geographical indication]]. [[Larsen & Toubro]] has 300 acre huge manufacturing campus in Coimbatore which houses various units of company, manufactures aerospace and defence parts for leading players in the market.
[[Tuticorin]] is known as "Gateway of Tamilnadu". Thoothukudi is the major chemical producer in the state. It produces the 70 percent of the total salt production in the state and 30 percent in the country.
===IT/ITeS-Software===
Tamil Nadu is one of the largest contributor of software exports majorly from its cities [[Chennai]], [[Coimbatore]], [[Trichy]], [[Salem, Tamil Nadu|Salem]]<ref>{{Cite web|title=Salem - SEZ {{!}} ELCOT|url=https://elcot.in/special-economic-zone/salem-sez|access-date=2021-09-06|website=elcot.in}}</ref> and [[Madurai]]  .  State has 526 engineering colleges, the most for any state in India giving the services industry access to qualified and skilled labour force. The top engineering colleges in Tamil Nadu have been a major recruiting hub for the IT firms. According to estimates, about 50 per cent of the human resources required for the IT and ITES industry was being sourced from the state.<ref>{{cite news |url=http://www.thehindu.com/news/cities/chennai/tcs-jumps-the-gun-in-campus-hiring/article7592763.ece?ref=tpnews |title=TCS jumps the gun in campus hiring |author=Sangeetha Kandavel |work=The Hindu |date=29 August 2015 |access-date=29 August 2015 |archive-url=https://web.archive.org/web/20151016041856/http://www.thehindu.com/news/cities/chennai/tcs-jumps-the-gun-in-campus-hiring/article7592763.ece?ref=tpnews |archive-date=16 October 2015 |url-status=live}}</ref> The state has a wide network of about 110 industrial parks and estates offering developed plots with supporting infrastructure.<ref name="IT park">Example include [http://www.tidelpark.com/ Tidelpark] and [http://www.itpchennai.com/ ITP Chennai] {{Webarchive|url=https://web.archive.org/web/20061114192436/http://www.itpchennai.com/ |date=14 November 2006 }}</ref> Also, the state government is promoting other industrial parks like Rubber Park, Apparel Parks, Floriculture Park, [[TIDEL Park]] for IT/ITS, TICEL BioPark for Biotechnology,<ref name="ticel">{{Cite web|url=http://ticelbiopark.com/ticel-new/|title=Ticel Bio Park|website=ticelbiopark.com}}</ref> Siruseri IT Park, Elcot SEZ and Agro Export Zones among others. Tamil Nadu has the largest number of [[Small and medium enterprises]] (SMEs) in India.<ref name="Institute of Small Enterprises and Development">[http://www.isedonline.org/html/ised_hlp_dsk_01.html]  {{webarchive |url=https://web.archive.org/web/20081119155600/http://www.isedonline.org/html/ised_hlp_dsk_01.html |date=19 November 2008 }}</ref>
This is a chart of trend of software exports from Tamil Nadu published by [[Electronics Corporation of Tamil Nadu]] with figures in Crores of Indian Rupees.<ref name="ELCOT">{{cite web|url=http://www.elcot.com/init-frame.htm|title=Status of IT industry in Tamil Nadu|publisher= ELCOT|access-date=16 August 2006 }}</ref>
{| class="wikitable"
|-
! Year !! Software exports
|-
| 1995 || {{nowrap|[[File:Indian Rupee symbol.svg|8px|link=Indian rupee sign]]}}{{INRConvert|370|c}}
|-
| 2000 || {{nowrap|[[File:Indian Rupee symbol.svg|8px|link=Indian rupee sign]]}}{{INRConvert|31160|c}}
|-
| 2005 || {{nowrap|[[File:Indian Rupee symbol.svg|8px|link=Indian rupee sign]]}}{{INRConvert|41150|c}}
|-
| 2010 || {{nowrap|[[File:Indian Rupee symbol.svg|8px|link=Indian rupee sign]]}}{{INRConvert|62100|c}}
|-
| 2013 || {{nowrap|[[File:Indian Rupee symbol.svg|8px|link=Indian rupee sign]]}}{{INRConvert|82450|c}}<ref name="business-standard.com">{{Cite news|url=https://www.business-standard.com/article/pti-stories/tn-software-exports-double-in-last-4-years-to-rs-82-445-cr-115032501222_1.html|title=TN software exports double in last 4 years to Rs 82,445 cr|newspaper=Business Standard India|agency=Press Trust of India|date=25 March 2015|via=Business Standard|last1=India|first1=Press Trust of}}</ref>
|-
| 2017 || {{nowrap|[[File:Indian Rupee symbol.svg|8px|link=Indian rupee sign]]}}{{INRConvert|111179|c}}
|-
| 2018 || {{nowrap|[[File:Indian Rupee symbol.svg|8px|link=Indian rupee sign]]}}{{INRConvert|139129|c}}<ref name="thehindubusinessline.com">{{Cite web|url=https://www.thehindubusinessline.com/info-tech/it-investments-in-tamil-nadu-down-by-12-to-39831-crore/article28387556.ece|title=IT investments in Tamil Nadu down by 12% to ₹39,831 crore|website=@businessline}}</ref>
|-
|}
===Automotive===
{{Main|Automobile industry in Chennai}}
[[Chennai]] is nicknamed "The [[Detroit of Asia]]".<ref>[https://www.washingtonpost.com/wp-dyn/content/article/2005/12/04/AR2005120401094.html]</ref><ref>{{cite news |last1=Mallaby |first1=Sebastian |title=Detroit's Next Big Threat |url=https://www.washingtonpost.com/wp-dyn/content/article/2005/12/04/AR2005120401094.html |access-date=21 August 2021 |newspaper=Washington Post |date=5 December 2005}}</ref> It is home to large number of auto component industries. Over 11.2% of the ''S&P CNX 500'' conglomerates have corporate offices in Tamil Nadu. Tamil Nadu has manufacturing facilities from automobiles, railway coaches, battle-tanks, tractors, motorbikes and heavy vehicles to ships.
[[Alstom]] has a manufacturing facility in Coimbatore which manufactures rail transportation products.
===Vehicle parts manufacturers===
[[Madras Rubber Factory]] the local tyre manufacturer is located in Chennai and [[Perambalur]]. [[TI Cycles of India|TI cycles]] of Murugappa group have their units in Chennai. UCAL Carburettors, TRW Rane, [[TVS Group]] are established in Hosur.TVS Srichakra Tyre works at Madurai. Coimbatore is home to [[Pricol]], [[ELGi Equipments|Elgi Equipments]], Craftsman, Roots Horn, Rolon Chains and numerous Tier-I part suppliers.
===Transportation industry===
Custom built trucks operated in Tamil Nadu, Kerala and Karnataka are from [[Tiruchengode]], [[Sankagiri]], and [[Namakkal]]. 90 Percent of Private busses operating in South India are built in Karur. [[Karur]] is well known for its bus body building industries. More than 150 Bus body building industries are located in and around Karur. Apart from that, mostly all the TNSTC, MTC, SETC and PRTC busses are built in Karur.
Retrieved from "https://en.bharatpedia.org/wiki/Special:MobileDiff/305514"