Tamil Nadu’s Journey to a $1 Trillion Economy: 2024 Insight
Introduction Tamil Nadu, a state in southern India, is poised for significant growth and development in the coming years. This expanded report provides a comprehensive overview of the state's current economic situation, highlights key sectors and opportunities for the future, and delves into specific challenges and strategies for sustainable progress. Economic Overview Key Economic Indicators - Student Population:1.08 crore - Unemployed Population:30 lakh - Debt per Capita:₹1 lakh - Annual Income per Capita:₹3 lakh crore - Allocated for Development: ₹74,000 crore per year - Loan Repayment: ₹42,000 crore every year - Average Salary of Employees: ₹25,000 per month - FDI Investment in Multiple Sectors:₹2 lakh crore Major Sectors and FDI Contributions Tamil Nadu has successfully attracted significant foreign direct investment (FDI) in various sectors. The key sectors and their respective shares of FDI are as follows: 1. Computer Software & Hardware: 24.60% ...