Tamilnadu - Developments
This is a chart of trend of gross state domestic product of Tamil Nadu at market prices estimated by Ministry of Statistics and Programme Implementation with figures in millions of Indian Rupees.
The state's debt was estimated at 35 per cent of GDP in 2005.
Possessing the fifth largest economy (2004-2005) among states in India, Tamil Nadu is also the second most industrialised state next to Maharastra..
It ranks second in per capita income (2004-2005) among large states. It ranks third in foreign direct investment approvals (cumulative 1991-2002) of Rs.225,826 million ($5,000 million), next only to Maharashtra (Rs.366,024 million ($8,100 million)) and Delhi (Rs.303,038 million ($6,700 million). The State's investment constitutes 9.12% of the total FDI in the country.. Unlike many other states, the economic resources are quite spread out, rather than concentrated in a small industrialised area.
According to the 2001 Census, Tamil Nadu has the highest level of urbanization (43.86%) in India, accounting for 6% of India’s total population and 9.6% of the urban population.. and is the second most industrialized state in India. Tamil Nadu has a network of about 110 industrial parks and estates offering developed plots with supporting infrastructure. Also, the state government is promoting other industrial parks like Rubber Park, Apparel Parks, Floriculture Park, TICEL Park for Biotechnology, Siruseri IT Park, and Agro Export Zones among others.
Annual Plan outlays have increased by a record 75% from Rs.52,000 million ($1,100 million) in 2001-2 to Rs.91,000 million ($2,000 million) in 2005-06.
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