Tamil Nadu aims to emerge as electronics manufacturing hub
Popularly known as India’s Detroit as it is home to several top automobile brands in the world, Tamil Nadu is now going all out to emerge as the No. 1 hub for electronics manufacturing in the country. The state aims to contribute 25% of India’s total electronic exports and increase the industry’s output to $100 billion by 2025.
Besides the conducive ecosystem, “excellent work force”, easy access to sea ports and its “industry-friendly policies”, the Tamil Nadu government believes the Covid-19 outbreak has opened up abundant opportunities for it to attract investments in the sector as many firms are expected to move out of China and set up their units in countries like India.