Nov 16, 2021
Tamil Nadu is one of the 29 states of India. Chennai is its capital and largest city. This state lies in the southernmost part of the Indian subcontinent. It’s bordered by the union territory of Puducherry and the South Indian states of Kerala, Karnataka, and Andhra Pradesh. Tamil Nadu is the 11th largest Indian state by area and the 6th largest state by population. It was ranked as one of the top 7 developed states in India, especially with higher education: 27+ universities and 550+ engineering colleges and a high literacy rate of 74%. This state has a high human development index (HDI) ranking among Indian states as of 2015. [1]
The economy of Tamil Nadu is the 2nd largest state economy in India, with a gross state domestic product (GSDP) of $215.81B from 2017-2018. It ranks as the 2nd most economically free state after Gujarat. Tamil Nadu has maintained an average economic growth of ~7%, well above the average for all of India. 35% of the state’s contribution is from manufacturing. Tamil Nadu is a popular destination for foreign direct investments (FDI) and 3 times more FDI in 6 years than in the previous 11 years. Last year, it received $3.47B in FDI. The state has dispersed its economic resources. It has the 2nd lowest cost of living in Hyderabad: 65, Chennai: 68, Pune: 68, Delhi: 79, Bangalore: 80, Gurgaon: 82, and Mumbai: 89. [1]
Tamil Nadu has strong industrial, social, and physical developments. It has many existing and proposed electronics manufacturing infrastructures: over 220 registered micro, small, and medium enterprises (MSME). This state contains 100 industrial parks with developed plots offered to people wanting to start a new business. It also has the 3rd largest airport in India (4 international and 2 domestic), 4 large and 22 minor seaports, an extensive railway network, and roads to major cities and rural areas. The government recently created the Golden Quadrilateral project that links four major cities: Delhi, Mumbai, Chennai, and Kolkata. Tamil Nadu also provides reliable electricity generated by windmills. [2]
Electronics Manufacturing in Tamil Nadu
The state has high rankings for electronics manufacturing: computers and peripheral equipment accounted for 62% of its total electronics output. Tamil Nadu ranks 2nd in India for computer, electronics, and optical products manufacturing accounts for 16% of national production; it ranks 3rd in electronic exports, which was worth $1.27B in 2018. This state offers a huge market for downstream industries, such as automotive, smartphones, computers, industrial, and electronics. There are two sector-specific SEZs for the electronics and hardware sector in the Kancheepuram district, an electronic/telecom hardware Hi-Tech SEZ in Sriperumbudur and an electronic hardware Hi-Tech SEZ in Oragadam. [1]
Tamil Nadu’s top electronics industries include:
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We contribute our 40 years of design and manufacturing expertise spanning multiple diverse markets. We look forward to discussing how we can deliver world-class products for OEMs across the globe. We understand our home Indian market, familiar with its vast regulatory and selling environments. We foster growth opportunities within India through our strong technology incubation ecosystem. We also assist global OEMs in entering the Indian market by leveraging the local supply chain and favorable operating environments for cost reductions.
Our flagship Chennai location opened in 2006 and lies within a Special Economic Zone (SEZ) for electronics manufacturing, offering economic incentives for imports and exports. This primary facility is within 90 minutes of the Chennai seaport and 20 minutes to the international airport. Additional road and rail connectivity links to the rest of India and beyond and infrastructure advantages with faster import and export clearances. We also have labor force flexibility, both technical and manual, to scale to demand rapidly.
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