First published in August 2016
The next manufacturing location of M+V`s “Manufacturing Hubs” handbook which we want to present to you is the State of Tamil Nadu.
Tamil Nadu is situated in the south of India and in regards to transportation it is nationwide well connected with ports and airports. It has three of India’s major ports at its coastline. It is a highly industrialized State with low costs for manpower. 25% of India’s Engineering graduates are coming from Tamil Nadu each year, which highlights its strong educational system. It is one of the fastest growing states and records consistently high FDI inflows.
More interesting facts about Tamil Nadu as a business destination are:
- 57 “SEZs” are located in Chennai
- Stable political environment
- Major industries located in the State are Textile, Automotive, IT&ITES, Engineering, Cement and Pharmaceutical industries
- State Government focussing on attracting foreign as well as local entities to the State by creating a progressive business environment
To learn more about its location parameters and capital Chennai, click Handbook Tamil Nadu.