Growth-driven policies have propelled Tamil Nadu’s Electronic System Design and Manufacturing (ESDM) exports towards a projected $9 billion by March 2024. The state’s dominance in electronic goods exports is evident, with $7.37 billion recorded from April 2023 to January 2024, representing 32.52% of India’s total ESDM exports, and a significant leap from the previous fiscal year’s $5.37 billion. Visionary leadership, proactive governance, and policy-driven strategies have positioned Tamil Nadu as a preferred investment hub, bolstering manufacturing excellence and proficiency in advanced technologies. The unveiling of the “Tamil Nadu Semiconductor and Advanced Electronics Policy 2024” at the January Global Investors Meet underscores efforts to accelerate growth and cultivate a skilled workforce of 200,000 by 2030. Collaborative stakeholder engagement, coupled with robust human resources and an inclusive ecosystem, has propelled the state’s rapid industrial growth. The Honorable Minister for Industries, Investment Promotion, and Commerce affirmed the state’s pivotal role in the national economy, crediting the leadership of the Chief Minister and expressing confidence in sustaining momentum towards new industrial milestones. This Notification was published on 29.02.2024.
