state

Tamil Nadu

Tamil Nadu is home to 74 of the Global Fortune 500 companies in the world.
Tamil Nadu has the largest number of factories in India (37,220) and the largest number of people engaged in the factory sector (24 lakh).

Last Update : 11-07-20

  • Quality infrastructure with 4 large seaports, 4 international airports, wide road and rail network, power surplus State with reliable transmission and distribution network, high bandwidth connectivity.
State of the art single window clearance mechanism for approvals. Biz Buddy Portal which serves as an industry help desk to redress issues related to approvals, operations, and subsidy disbursement. Investment facilitation by Guidance and Generous fiscal and other incentives: Packages vary on case basis based on the wishlist. Some standard incentives are,
  • Special Capital Subsidy – Upto 25% of Eligible Fixed Assets
  • Electricity Duty Exemption – 2-5 years
  • Environmental Protection Infrastructure subsidy – 25% of the cost of setting up subject to a limit of Rs. 30 lakhs
  • Stamp Duty Reimbursement – 50-100% on a case by case basis
  • A generous training and land cost subsidy to name few
  • In January 2019 USISPF took part in the Tamil Nadu Global Investors Meet.
  • In 2019, USISPF hosted the then Chief Minister Edappadi K. Palaniswami in New York.
  • In March 2020, USISPF organized a webinar with Mr. N Muruganandam, Principle Secretary, Industries Government of Tamil Nadu (GoT) to brief our members on the efforts of GoT in the State for industrial growth and combat Covid-19.
  • Chemicals & Petrochemicals
  • IT/ITeS
  • Auto & Auto components
  • Textiles & Apparel
  • Electronics & Hardware
  • Agro & Food Processing
  • Renewable Energy

POLITICAL PARTY: ALL INDIA SAMATHUVA MAKKAL KATCHI

KEY DIGNITARIES OF THE STATE

Chief Minister: Edappadi K. Palaniswami
Chief Secretary: K.Shanmugam.
Minister for Industries: M.C Sampath
Principal Secretary, Industries: . N Muruganandam