Tamil Nadu all set to reach 1st position in country’s exports says FIEO

The focus given to Industrial and infrastructure development in the budget presented to the state assembly on March 20 will help to make Tamil Nadu to reach the top position in country’s Exports from the present third position

Presently TN contribute around 9.5 per cent of India’s Exports by export contribution of 30.5 Billion US Dollars which will reach 100 Billion US dollars within 2030 due to the focus given in the budget, Dr. Sakthivel, President of Federation of Indian Exporters organization said. 

While appreciating the Tamil Nadu government for their vision to make the state a 1 Trillion dollar economy, Dr. A Sakthivel, said that the budget given right direction to reach this target much ahead of 2030..

The proposal for setting up of New SIPCOT industrial parks in Virudhunagar, Vellore, Kallakurichi and Coimbatore,  Skill development center at SIPCOT, Hosur, allocation of More than Rs 3,200 crore for industries department , 2 more factories to manufacture non-leather footwear  at Ranipet and Kallakurichi;  Rs 77,000 crore allotted for developing mega power project to generate 14,500 MW of power by 2030 and focus on green energy will go a long way in making Tamil Nadu the top performing state in India in all aspect including employment generation, exports, GDP Growth and Women empowerment.

Dr. Sakthivel also welcomed the proposal to set up new textile park at Selam, Tidal park at Erode, Tirunelveli, Chengalpattu. This will also help the state to become leader in service exports apart from becoming global leader in Textile and Garments. 

While welcoming the move to give clearance to Coimbatore Metro rail project at a cost of Rs. 9000 Crores,  Dr. Sakthivel requested the Chief Minister to extend the project up to Tirupur. The extension would connect Coimbatore Airport  with the hosiery town  which will go a long way in making the region attractive for global investors and buyers.