As per the plan document, Tamil Nadu would seek to increase its share of the country's exports to 20 per cent in ten years and create an additional two million jobs by 2011.
The main highlight of the state eleventh five year plan was to achieve a sustained GSDP growth rate of over ten per cent, which in turn may call for an industrial growth of over 12 per cent.
Tamil Nadu Planning Commission Vice Chairman M Naganathan said the state government was committed to provide high quality infrastructure services and encouraging Public-Private Partnership for investments in infrastructure and promotion of Industrial Parks (IP) and Special Economic Zones (SEZ).
Quoting the findings of Annual Survey of Industries (ASI), he said in terms of factories, the state continued to retain the first rank for the seventh successive year starting from 1998.
He said the industrial investment in the state had gone up by 7.47 per cent from Rs 1,51,902 crore in April 2005 to Rs 1,63,245 crore in April 2006.
Of the total outstanding projects valued at Rs 1,75,177 crore as on July 2006, projects with an estimated investment of Rs 54,153 crore were under implementation.