economy of tamil nadu
Tamil Nadu possesses the second-largest economy (2011–12) among states in India after Maharashtra.[1][2] It is the second most industrialised state next to Maharastra.[3][4] As of 2010–11, Tamil Nadu had a per capita GDP of $1,622, the sixth highest in India. Tamil Nadu's gross state domestic product for 2011–2012 was 4.28 trillion (short scale) or $145,868 million. The state had a growth of 9.4% in 2011–2012.
According to the 2011 census, Tamil Nadu is the most urbanised state in India (49%), accounting for 9.6% of the urban population while only comprising 6% of India's total population. Service contributes to 45% of the economic activity in the state, followed by manufacturing at 34% and agriculture at 21%. Government is the major investor in the state with 51% of total investments, followed by private Indian investors at 29.9% and foreign private investors at 14.9%. Tamil Nadu has a network of about 113 industrial parks and estates offering developed plots with supporting infrastructure.[1] It has been ranked first by the Economic Freedom Rankings for the States of India[5]
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. The perennial rivers are Palar, Cheyyar, Ponnaiyar, Kaveri, Meyar, Bhavani, Amaravati, Vaigai, Chittar and Tamaraparani. Non-perennial rivers include the Vellar, Noyal, Suruli, Gundar, Vaipar, Valparai and Varshali. Tamil Nadu is also the leading producer of kambu, corn, rye, ground nuts, oil, seeds and sugar cane in India.
Erode is the world largest producer of turmeric. Around 68% of the world's turmeric and 84% of India's turmeric are from Erode. Also, Erode has the largest turmeric market in the world.
Paddy fields in Nagercoil, Kanyakumari District
At present, Tamil Nadu is
According to the 2011 census, Tamil Nadu is the most urbanised state in India (49%), accounting for 9.6% of the urban population while only comprising 6% of India's total population. Service contributes to 45% of the economic activity in the state, followed by manufacturing at 34% and agriculture at 21%. Government is the major investor in the state with 51% of total investments, followed by private Indian investors at 29.9% and foreign private investors at 14.9%. Tamil Nadu has a network of about 113 industrial parks and estates offering developed plots with supporting infrastructure.[1] It has been ranked first by the Economic Freedom Rankings for the States of India[5]
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. The perennial rivers are Palar, Cheyyar, Ponnaiyar, Kaveri, Meyar, Bhavani, Amaravati, Vaigai, Chittar and Tamaraparani. Non-perennial rivers include the Vellar, Noyal, Suruli, Gundar, Vaipar, Valparai and Varshali. Tamil Nadu is also the leading producer of kambu, corn, rye, ground nuts, oil, seeds and sugar cane in India.
Erode is the world largest producer of turmeric. Around 68% of the world's turmeric and 84% of India's turmeric are from Erode. Also, Erode has the largest turmeric market in the world.
Paddy fields in Nagercoil, Kanyakumari District
At present, Tamil Nadu is