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Economic powerhouse: From autos to textiles, TN economy is in top gear

The state has clocked more than 8 per cent growth in the last three financial years, braving global headwinds and thriving on its manufacturing strength

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The state aims to become a $1-trillion economy by 2030

BS Reporter

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Tamil Nadu (TN) is India’s second largest state economy; the country’s automobile manufacturing capital; an electric vehicles hub; an electronics export powerhouse; and a textile giant. The state has clocked more than 8 per cent growth in the last three financial years, braving global headwinds and thriving on its manufacturing strength. The state aims to become a $1-trillion economy by 2030. Here are sectors that will help the target.