The Economy of Tamil Nadu is one of the most dependable, consistent and developing of our country. The state of Tamil Nadu offers one with very bright picture of a progressive economy. The state is well equipped with all the needed infrastructural support to boast economic growth and enhance industrial development of the state. Tamil Nadu has maintained a perfect balance between agricultural production and industrial development.
Tamil Nadu as part of the Madras Presidency was an agricultural economy. However, the separation of various states along economically unviable linguistic lines has created a strain on Tamil Nadu's agricultural setup. Paddy cultivations have been dropping continuously over the last few years as it requires a reliable and substantial water consumption. Tamil Nadu's monsoon pattern is different from that of the rest of the country and has been more unpredictable compared to the regular monsoon pattern.
Economy in Tamil Nadu
Agriculture
Tamil Nadu as part of the Madras Presidency was an agricultural economy. However, the separation of various states along economically unviable linguistic lines has created a strain on Tamil Nadu's agricultural setup. Paddy cultivations have been dropping continuously over the last few years as it requires a reliable and substantial water consumption. Tamil Nadu's monsoon pattern is different from that of the rest of the country and has been more unpredictable compared to the regular monsoon pattern.
Manufacturing
Manufacturing is the primary industrial activity in Tamil Nadu. Textiles, engineering, tanneries, tobacco and beedis, plantations, and fireworks are some of the major industries in Tamil Nadu. While plenty is employment is available in urban areas, opportunities are mostly limited to public sector or small scale manufacturing in rural areas. This creates a movement of educated population into major cities of Tamil Nadu and other states of India. People of Tamil Nadu are sought by employers all over India and the world for their hard work and dedication.
White collar skills
The software industry has recently provided prosperity and jobs in various major cities of Tamil Nadu, especially Chennai and surrounding areas. Medical transliteration, offshore development, contracting firms, call centers and multinational branches are some of the incarnations of this software technology. The government provides various incentives to these companies. The people of Tamil Nadu and other southern states are a coveted asset for firms all over the world.