Tamil Nadu

Topics: Tamil Nadu, Chennai, India Pages: 3 (967 words) Published: January 20, 2011
tamil Nadu has been ranked No 1 by the Economic Freedom Rankings for the States of India [1] Possessing the fifth largest economy (2004–2005) among states in India, Tamil Nadu is also the second most industrialised state next to Maharastra.[2] It ranks second in per capita income (2004–2005) among large states. It ranks third in foreign direct investment approvals (cumulative 1991-2002) of 225,826 million ($5,000 million), next only to Maharashtra 366,024 million ($8,100 million)) and Delhi 303,038 million ($6,700 million). The State's investment constitutes 9.12% of the total FDI in the country.[3] Tamil Nadu has the highest level of urbanization (43.86%) in India, accounting for 6% of India’s total population and 9.6% of the urban population.[4] and is the second most industrialized state in India.[5] Tamil Nadu has a network of about 110 industrial parks and estates offering developed plots with supporting infrastructure.[6] Also, the state government is promoting other industrial parks like Rubber Park, Apparel Parks, Floriculture Park, TICEL Park for Biotechnology,[7] Siruseri IT Park, and Agro Export Zones among others. Tamil Nadu has the largest number of Small and medium enterprises (SMEs) in India.[8] Annual Plan outlays have increased by a record 75% from 52,000 million ($1,100 million) in 2001-2 to 91,000 million ($2,000 million) in 2005-6. Agri-Tamil Nadu has historically been an agricultural state, while its advances in other fields launched the state into competition with other areas. Even so, Tamil Nadu is a leading producer of agricultural products in India. Tamil Nadu agriculture is heavily dependent on the river water and Monsoon rains. Tamil Nadu is also the leading producer of kambu, corn, rye, ground nuts, oil, seeds and sugar cane in India.At present Tamil Nadu is India's second biggest producer of rice.[12] Industry and manufacturing

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