CII (Confederation of Indian Industry)

Tamil Nadu lies in the southernmost part of the Indian Peninsula and is bordered by the union territory of Puducherry and the South Indian states of Kerala, Karnataka, and Andhra Pradesh. It is bounded by the Eastern Ghats on the north, by the Nilgiri, the Anamalai Hills, and Kerala on the west, by the Bay of Bengal in the east, by the Gulf of Mannar and the Palk Strait on the southeast, and by the Indian Ocean on the south. It also shares a maritime border with Sri Lanka. Tamil Nadu is the 2nd largest economy and one of the fastest growing States in India. On the global scale, Tamil Nadu is ranked as 35th largest economy on PPP basis (larger than the economies of countries like Romania, Ukraine, Vietnam, Bangladesh, New Zealand, Norway, Finland, Denmark, Sri Lanka, Bulgaria, Uzbekistan, and Afghanistan.) The State is one of the major growth engines of the country with an average growth rate of over 9% in the last 9 years. It is also one of the top three FDI destinations in India. It stands first in terms of number of factories, numbering about 40,400. Tamil Nadu currently has 20 industrial parks which are established and maintained by SIPCOT in places like Hosur, Cheyyar, Ranipet, Bargur, Siruseri, Cuddalore, Thoothukudi, Irungattukottai, Sriperumbudur, Manamadurai, Oragadam, Pudukottai, Pillaipakkam, Nilakottai, Vallam-Vadagal, Gangaikondan, Gummidipoondi, Perundurai, Thervoykandigai, and Mappedu.