Tamil Nadu is in a transition phase from being a manufacturing powerhouse to a knowledge economy. The state minister for industries, investment promotion, and commerce, T R B Rajaa, says it is taking significant strides in research and development (R&D) and is moving towards becoming a knowledge economy. Rajaa discusses the knowledge economy, the Dravidian model, and the manufacturing sector at the Tamil Nadu Round Table 2023 summit with A K Bhattacharya, editorial director of Business Standard. Edited excerpts:
We keep hearing about the Dravidian model of industrial development. What is this model, how does it make a difference, and