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Tamil Nadu announces new industrial policy, targets Rs 10 trn investments

Policy aims to raise contribution of manufacturing sector to 30% of GSDP by 2030, create two million jobs.

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T E Narasimhan Chennai
Tamil Nadu today announced its new Industrial Policy 2021 with an aim to garner investments worth about Rs 10 trillion by 2025.

The state's Chief Secretary, Rajeev Ranjan, said the objective of the policy is to attract investments worth Rs trillion and create employment opportunities for two million by 2025.

The Policy also aims to raise the contribution of the manufacturing sector to 30 per cent of the State's economy by 2030.

Ranjan said Industrial policy 2021 aims to achieve an annual growth rate of 15 per cent in manufacturing.

Tamil Nadu also announced MSME Policy 2021, which has set a target to attract

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