Economy of Tamil Nadu

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Tamil Nadu has been ranked No 1 by the Economic Freedom Rankings for the States of India[1] Possessing the fourth largest economy (2010-11) of $ 98 billion among states in India[2], Tamil Nadu is also the second most industrialised state next to Maharastra.[3][4] As of 2010-11 Tamil Nadu had a Per Capita GDP of $ 1,622, the sixth highest in India. States that have out-shined Tamil Nadu are Goa ($ 2,949), Haryana ($ 2,052), Maharashtra ($ 1,855), Sikkim ($ 1,804)).Tamil Nadu ranks third in foreign direct investment approvals (cumulative 1991-2002) of INR 225,826 million ($5,000 million), next only to Maharashtra INR 366,024 million ($8,100 million)) and Delhi INR 303,038 million ($6,700 million). The State's investment constitutes 9.12% of the total FDI in the country.[5] 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.[6] Tamil Nadu has a network of about 110 industrial parks and estates offering developed plots with supporting infrastructure.[7] Also, the state government is promoting other industrial parks like Rubber Park, Apparel Parks, Floriculture Park, TICEL Park for Biotechnology,[8] Siruseri IT Park, and Agro Export Zones among others. Tamil Nadu has the largest number of Small and medium enterprises (SMEs) in India.[9]

Annual Plan outlays have increased by a record 75% from INR 52,000 million ($1,100 million) in 2001-2 to INR 91,000 million ($2,000 million) in 2005-6.

Contents

[edit] Macro-economic trend

This is a chart of trend of gross state domestic product of Tamil Nadu at market prices estimated[10] by Ministry of Statistics and Programme Implementation with figures in millions of Indian Rupees.

Year Gross State Domestic Product
1980 80,810
1985 156,481
1990 313,390
1995 782,050
2000 1,411,000
2005 1,945,280[11]
2009 4,020,820 [4]
2010 4,640,090 [5]

The state's debt was estimated at 35 per cent of GDP in 2005.[12]

The state's debt was estimated at 20.39 per cent of GDP in 2011.[13][14]

[edit] Agriculture

Tamil Nadu has historically been an agricultural state, while its advances in other fields launched the state into competition with other areas. Even so, Tamil Nadu is a leading producer of agricultural products in India. Tamil Nadu agriculture is heavily dependent on the river water and Monsoon rains. The perennial rivers are Palar, Cheyyar, Ponnaiyar, Kaveri, Meyar, Bhavani, Amaravati, Vaigai, Chittar & Tamaraparani. Non-perennial rivers include the Vellar, Noyal, Suruli, Gundar, Vaipar, Valparai and Varshali. Tamil Nadu is also the leading producer of kambu, corn, rye, ground nuts, oil, seeds and sugar cane in India.

Paddy fields

At present Tamil Nadu is India's second biggest producer of rice.[15] Tamil Nadu is the home to Dr. M.S. Swaminathan, known as the "father of the Green Revolution" in India.[16] The town of Namakkal is a major Poultry hub of India.

A technological and industrial park (designated as a Special Economic Zone) was originally planned to be set up in Nanguneri, in the Tirunelveli district with an investment of INR 6,000 crores (US$ 1.6 billion). However, recently developmental plans point to a re-orientation of this project to Tuticorin.

[edit] Industry and manufacturing

One of the global electrical equipment public sector company BHEL has manufacturing plants at Tiruchirappalli and Ranipet. The Tamil Nadu state government owns the Tamil Nadu Newsprint and Papers (TNPL),[17] the world's biggest bagasse based Paper mills in Karur as well as the world's sixth largest manufacturer of watches together with TATA, under the brandname of "Titan".[18] 40 percent of all wind-generated electricity in India is created by windmills in Tamil Nadu. Renowned Danish wind power company NEG Micon has established its manufacturing unit in Chennai.[19] Tamil Nadu is leading producer of Cement in India,if manufacturer of power plants cethar vessels in Tiruchirappalli. It is the home for leading cement brands in the country such as Chettinad Cements(Karur), Dalmia Cements Tiruchirappalli and Ariyalur, Ramco cements (Madras Cement Ltd), etc., There is an ACC cement factory located at Madukarai in Coimbatore.

The region around Salem is rich in mineral ores. Country's largets steel public sector undertaking, SAIL has a special steel plant in Salem, which is ben expanded at a cost of 2000 crore rupees. Salem also has notable magnesite factories operated by private and public sectors (Public: Burn Standard & Co ; Private: Dalmia Magnesites). Tata's have their presence in the form of Tata Refractories in Salem.

Mettur, a town which is located 50 km north of Erode and west of Salem has a number of notable industries, including JSW Steels, MALCO (which has currently suspended its Aluminium production), Chemplasst, Thermal Power Plant, Hydel Power plant.

[edit] Automotive

Many heavy engineering and manufacturing-based companies are centered in and around the suburbs of Chennai (nicknamed by some, "The Detroit of Asia") [6]. Global vehicle manufacturing giants like Hyundai, Ford, BMW, Mitsubishi, Komatsu, Nissan-Renault, Daimler Trucks, Caterpillar Inc., Caparo and Michelin as well as domestic heavyweights like Madras Rubber Factory (MRF), TI cycles of India, Ashok Leyland, Royal Enfield, Mahindra & Mahindra, TAFE Tractors and The TVS Group (TVS) have manufacturing investments in Chennai. Everything from automobiles, railway coaches, battle-tanks, tractors, motorbikes and heavy vehicles are manufactured in Tamil Nadu. Heavy Vehicles Factory in avadi was established in 1965. A large number of auto component industries are present around Coimbatore & Erode cities. Namakkal district has emerged as one of the transportation hubs of the TN State. About 40 per cent of the trucks operated in the State are from Namakkal and the district, noted for truck body building, has over 18,000 trucks, including 3,000 tankers and 2,500 trailers, with an annual addition of approximately 500 trucks. Karur is known for its bus body building industries where most of the buses used in south India are manufactured. Over 11.2% of the S&P CNX 500 conglomerates have corporate offices in Tamil Nadu.

[edit] Textiles

The textile industry plays a significant role in the Indian economy by providing direct employment to an estimated 35 million people, and thereby contributing 4% of GDP and 35% of Gross Export Earnings. The textile sector contributes to 14% of the manufacturing sector. The cities of Coimbatore, Erode, Gobichettipalayam Perundurai& Tirupur, in Tamil Nadu are the largest garment exporters in India and sometimes referred to as the Textile valley of India. In 2004, the export turnover from here was more than $1 billion. Some 7,000 garment units in the town provide employment opportunity to 1 million people. About 62% of India's textile trading takes place only in the city of Erode and 56% of India's total knitwear exports come from Tirupur. The Export Import Policy of 2002-2007 acknowledges Tirupur for its contribution to the export efforts. Coimbatore accounts for nearly $700 million and next to Coimbatore, the town of Karur & Erode generates around $300 million a year in foreign exchange through home textile exports such as bed linens, kitchen linens, toilet linens, table linens and wall hangings. Madurai and Kanchipuram is very famous for handloom sarees. This handloom sarees are on sale all over India. Tamil Nadu, Karnataka, and Kerala are the main states for wholesale sarees. This sarees manufacturing raw materials are purchased from Coimbatore, Erode and Salem. Gobichettipalayam has the India's first automatic silk reeling unit.[20]

[edit] Electronics

Electronics manufacturing is a growing industry in Tamil Nadu. Chennai has emerged as EMS Hub of India. Companies like Nokia, Flextronics, Motorola, Sony-Ericsson, Foxconn, Samsung, Cisco, and Dell have chosen Chennai as their South Asian manufacturing hub. Products manufactured include circuit boards and cellular phone handsets.[21] Ericsson also has a Research and Development facility in Chennai.[22] Big EPC companies have set up their Engineering centres which include Saipem India Projects Ltd, Technip, Foster Wheeler, Mott MacDonald, Petrofac, Austrian company "Austrian Energy and Environment" have also a design office here besides local giant ECC Larsen & Toubro. Sanmina-SCI is the latest company to invest in Tamil Nadu to create a state of the art manufacturing facility.[23] Nokia Siemens Networks has decided to build a manufacturing plant for wireless network equipment in Tamil Nadu.[24]

The state with a projected population of about 6.65 crore in year 2009 has high mobile penetration rate in India. According to statistics released by Telecom Regulatory Authority of India (TRAI), the state had a total subscriber base of 4.3 crore mobile customers at the beginning of August 2009.[25][26]

[edit] Fireworks

The town of Sivakasi is a leader in the areas of printing, fireworks, and safety matches. It was fondly called as Kutty Japan or "little Japan" by Jawaharlal Nehru. It contributes to 80% of India's production of safety matches as well as 90% of India's total fireworks production. Sivakasi provides over 60% of India's total offset printing solutions and ranks as one of the highest taxpaying towns in India. Sivakasi also is a 100% employed town, putting it in the company of very few towns in India.

[edit] Mining

This is a chart of proven reserves of major minerals of Tamil Nadu[27] in 2001 by Department of Geology and Mining with figures in tonnes.

Mineral Reserve National Share
Lignite 30,275,000 87%
Vermiculite 2,000,000 66%
Garnet 23,000,000 42%
Zircon 8,000,000 38%
Graphite 2,000,000 33%
Ilmenite 98,000,000 28%
Rutile 5,000,000 27%
Monazite 2,000,000 25%
Magnesite 73,000,000 17%

Tamil Nadu has a few mining projects based on Titanium, Lignite, Magnesite, Graphite, Limestone, Granite and Bauxite.[28] The first one is the Neyveli Lignite Corporation that has led development of large industrial complex around Neyveli in Cuddalore district with Thermal power plants, Fertilizer, Brequetting and Carbonisation plants. Tata Iron and Steel Company (TISCO) have entered into MoU with Government of Tamil Nadu in June 2002 for establishing a Titannium-di-Oxide (TiO2) plant with a project outlay of $650 million. Magnesite mining is done at Salem apart from which mining of Bauxite ores are carried out at Yercaud and this region is also rich in Iron Ore [Kanjamalai]

[edit] Energy

Aralvaimozhy railway station in Nagercoil with a view of wind farm

The Tamil Nadu Energy Development Agency (TEDA) is a Tamil Nadu government promoting renewable energy sources and energy conservation activities. The agency has largely been responsible for instigating the tremendous growth of Tamil Nadu in the development of wind power.[29] Tamil Nadu is in the forefront of all other Indian states in installed capacity.[30]

The once-impoverished village of Muppandal benefited from the building of the nearby Muppandal wind farm, a renewable energy source, supplying the villagers with electricity for work.[30][31] Wind farms were built in Nagercoil and Tuticorin apart from already existing ones around Coimbatore, Pollachi, Dharapuram and Udumalaipettai. These areas generate about half of India's 2,000 megawatts of wind energy or two percent of the total power output of India.[32]

[edit] Nuclear

The Kalpakkam Nuclear Power Plant, Ennore Thermal Plant, Neyveli Lignite Power Plant, Virudhachalam Ceramics and the Narimanam Natural Gas Plants are major sources of Tamil Nadu's electricity. It is presently adding the Koodankulam Nuclear Power Plant to its energy grid. Tamil Nadu sources a significant proportion of its power needs from renewable sources with Wind Power contributing over 2000 MW or over 20% of the needs. As of 2005, Tamil Nadu is one of the few Indian states with surplus power electricity, enabling the electrical authority to sell it to neighbouring states of Andhra Pradesh & Karnataka. India's leading steel producer SAIL has a steel plant in Salem, Tamil Nadu.[33] Tamil Nadu ranks first nationwide in diesel-based thermal electricity generation with national market share of over 34%.

[edit] Hydel

The Mettur Dam is a large dam in India. It was completed in 1936. The total length of the dam is 1700 meters. It is also called Stanley Reservoir. The Mettur Hydro Electrical power project is also quite large Mettur Dam. Mettur has a number of industries (50 km from Salem city): SISCOL,[34] MALCO (Madras Aluminium Company owned by Vedanta Resources), Chemplast (former known as Mettur Chemicals),[35] Thermal power plant, Hydel power plant and huge number of chemical industries. There are many other dams that provide irrigation and drinking water, including the Vaigai Dam.

[edit] Bio-diesel

Tamil Nadu at this time is the only state to have a formal Bio-Diesel Policy to use jatropha crops as a source of biofuel and to distribute wasteland to the poor farmers for the planting of these crops.[36]

[edit] Solar

In March 2008, Signet Solar Inc.[37] signed a memorandum of understanding with the State government to build a INR 20 billion thin-film silicon photovoltaic module manufacturing plant in the Sriperumbudur Special Economic Zone.[7]

In June 2008, Moser Baer inked a MoU with the state government to build INR 20 billion plant for manufacturing of silicon-based photovoltaic thin film modules and allied products in the Oragadam Special Economic Zone which is closer to the Signet Solar's plant in sriperumbudur.[38]

[edit] Transportation

An A/C deluxe bus operated by Tamil Nadu State Transport Corporation

Tamil Nadu has a well established transportation system that connects all parts of the state. This is partly responsible for the investment in the state. Though the present transportation system is substantial, it needs to be developed further to keep pace with the rapid increase in use.[39] Tamil Nadu is served by an extensive road network in terms of its spread and quality, providing links between urban centers, agricultural market-places and rural habitations in the countryside. There are 28 national highways in the state, covering a total distance of 5,036 km (3,129 mi).[40] The state is also a terminus for the Golden Quadrilateral project that is 99.2% completed as of July 31, 2010.[41] The state has a total road length of 167,000 km, of which 60,628 km are maintained by Highways Department. This is nearly 2.5 times higher than the density of all-India road network.[42] It is currently working on upgrading its road network, though the pace of work is considered slow.[43]

Tamil Nadu has a well-developed rail network as part of Southern Railway. Headquartered at Chennai, the present Southern Railway network extends over a large area of India's Southern Peninsula, covering the states of Tamil Nadu, Kerala, Pondicherry, minor portions of Karnataka and Andhra Pradesh. Tamil Nadu has a total railway track length of 6,693 km and there are 690 railway stations in the state. The system connects it with most major cities in India. Main rail junctions in the state include Chennai, Coimbatore, Erode, Madurai, Salem and Tiruchirapalli. Chennai has a well-established Suburban Railway network and is in the process of developing a metro.

Three 747s at Chennai Cargo Terminal. Chennai cargo terminal is the second busiest in India

Tamil Nadu has a major international airport, Chennai International Airport, that is connected with 19 countries with more than 329 direct flights every day. Other international airports in Tamil Nadu include Coimbatore and Trichy. Chennai International Airport is currently the third largest airport in India after Mumbai and Delhi and has a passenger growth of 18%. It also has domestic airports at Tuticorin, Salem and Madurai make several parts of the state easily accessible. Increased industrial activity has given rise to an increase in passenger traffic as well as freight movement which has been growing at over 18 per cent per year.[44]

The Madras Port, the seond biggest port in South Asia

Tamil Nadu has three major ports at Chennai, Ennore and Tuticorin, as well as one intermediate port, Nagapattinam, and seven minor ports, Rameswaram, Kanyakumari, Cuddalore, Colachel, Karaikal, Pamban and Valinokkam of which are currently capable of handling over 73 million metric tonnes of cargo annually (24 per cent share of India). All the minor ports are managed by the Tamil Nadu Maritime Board.[45] Chennai Port is an artificial harbour situated on the Coromandel Coast in South-East India and it is the second principal port in the country for handling containers. It is currently being upgraded to have a dedicated terminal for cars capable of handling 400,000 vehicles by 2009 to be used by Hyundai, Ford and Nissan Renault.[46] Ennore Port was recently converted from an intermediate port to a major port and handles all the coal and ore traffic in Tamil Nadu. The volume of cargo in the ports grew by 13 per cent over 2005.[47][48] The Tuticorin Port is expanding its facilities at the cost of US $1.6 billion.[49] The Sethusamudram Shipping Canal Project will transform the Tuticorin port into a transshipment hub similar to those in Singapore and Colombo. The ports are in need of improvement and some of them have container terminals privatized.

[edit] Services

Tamil Nadu has over 445 engineering colleges, the most of any state in India.

This is a chart of trend of software exports from Tamil Nadu published by ELCOT (Electronics Corporation of Tamil Nadu Ltd.) with figures in millions of Indian Rupees.[50]

Year Software Exports Software Companies
1995 370 34
2000 31,160 766
2005 141,150 1,427
2007–2008 284,900 [8] -
2008–2009 366,800 [9] -
2009–2010 367,660 [10] -

Chennai is the second largest software exporter in India, next to Bangalore. India's largest IT park is housed at Chennai. Software exports from Tamil Nadu during 2008-09 rose 29 per cent to touch Indian Rupee symbol.svg 36,680 crore, involving a workforce of 2.8 lakh.[51] Chennai is a hub for e-publishing, as there are 47 e-publishing units registered with the STPI in Chennai and 25 in Bangalore. Companies such as HCL, Wipro, TCS, Satyam, Infosys, Cognizant Technology Solutions, Covansys, Ford Information Technology, Xansa, Verizon, iSoft, iNautix, Electronic Data Systems, Bally and many others have offices in Chennai. Infosys Technologies has set up India's largest software development centre to house 25,000 software professionals at an estimated investment of Indian Rupee symbol.svg 12,500 million ($270 million) in Chennai.[52] India's largest IT park - SIPCOT is housed at Siruseri - Chennai, It has numerous IT companies such as TCS, CTS, Syntel, Steria, Polaris, Patni, Hexaware etc. TCS alone has acquired 70 acres (280,000 m2) of land at a cost of about Rs.13 crore with an employee force of 25,000.

The Tidel Park in Chennai is one of the largest software park in Tamil Nadu
Tidel Park— in Coimbatore one of the largest IT park in Tamil Nadu.


Business Process Outsourcing Services:

Chennai is now emerging as the most preferred destination for high-end BPOs in financial services, healthcare and other back-office services for multinational companies. Companies like Ajuba Solutions (Global provider of healthcare revenue cycle outsourcing services), Congruent Solutions (back-end services for California-based retirement funds), Secova eServices (HR service provider for US clients), Firstsource (Business Process Management for BFSI, Healthcare, Telecom and Publishing clients), Lason India (data processing for healthcare and financial services clients in the US) and OfficeTiger (outsourcing of creative works) have set up centres here to take advantage of Chennai's "quality talent pool and infrastructure". Stanchart, eServe (Citibank), ABN AMRO and World Bank have also chosen the city for their back-office functions.[53] Tamil Nadu also has a number of rural BPO companies like Desicrew Solutions

In the recent surveys, Chennai has been rated as the most attractive city for Offshoring Services.[54]

Knowledge Process Outsourcing:

Chennai is also the preferred destination for companies outsourcing their high-end knowledge intensive operations. Testimony to this is the presence of major market research companies such as Frost & Sullivan and equity research companies such as Irevna in Chennai. This is the next high growth area that Chennai is witnessing.

[edit] Revenues of Government

Tamil Nadu ranks fourth nationwide of all State governments in tax revenue. (See: States of India by tax revenues.) This is a chart of trend of tax revenues (including the shares from Union tax pool) extracted from the Consolidated Fund of the Government of Tamil Nadu[55] with figures in millions of Indian Rupees. See also the Finance Commission of India report.[56] Tax revenues of local bodies are excluded.

Year Tax Revenues Sales Tax Excise Duties Registration Fees Corporation Tax Vehicle Tax
1950 441[57]
1955 270 112[58] 3 7
1960 417 191
1965 723 409 4 99[59] 133
1970
1975 3,190
1980
1985
1990 34,508 20,659 4,348 2,263 2,273
1995 79,045 46,892 9,346 6,130 3,922
2000 150,659 81,971 18,686 9,101 5,904
2005 253,232 143,607[60] 24,780 15,628[59] 13,846 11,305

This is a chart of trend of non-tax revenues and grants-in-aid extracted from the Consolidated Fund of the Government of Tamil Nadu with figures in millions of Indian Rupees. See also [11] and [12]. Non-tax revenues of local bodies are excluded.

Year Non-tax Revenues Interest Mining Grants-in-Aid
1960 197 114
1965 466 233
1970
1975
1980
1985
1990 3,814 897 588 12,555
1995 8,584 3,428 672 18,362
2000 17,107 4,036 3,953 15,398
2005 21,014 5,673 4,274[58] 28,268

[edit] Debt of Government

Amount in Crores

Fin Year Bought Repaid Total Debt
March 31, 2000 23,840 [13]
March 31, 2001 28,685
March 31, 2006 57,457
March 31, 2007 60,170
March 31, 2008 64,655
March 31, 2009 74,858 [14]
March 31, 2010

[edit] See also

[edit] Notes

  1. ^ http://www.expressindia.com/latest-news/TN-still-most-economically-free/693125/
  2. ^ [1] 3
  3. ^ Ranking of states
  4. ^ World Bank Supports India's Urban Development
  5. ^ Tamil Nadu ranks third in FDI, favoured destination
  6. ^ "e-CENSUSIndia". CensusIndia.net. http://en.wikipedia.org/w/index.php?title=Tamil_Nadu&action=edit&section=1. Retrieved 2006-08-16. 
  7. ^ Example include Tidelpark and ITP Chennai
  8. ^ TICEL Park for Biotechnology
  9. ^ [2]
  10. ^ "National Accounts Division : Press release & Statements". Government of India. http://mospi.nic.in/mospi_nad_main.htm. Retrieved 2006-08-16. 
  11. ^ Tamil Nadu economy soars to $44b by 2005
  12. ^ Tamil Nadu debt estimated at 35 per cent of GDP
  13. ^ Nothing to worry about outstanding debt: Jayalalithaa
  14. ^ TN to bring down debt to 20%: Jaya
  15. ^ Government Policy Notes
  16. ^ M. S. Swaminathan Research Foundation
  17. ^ TNPL
  18. ^ [3]
  19. ^ Vestas Webpage
  20. ^ Tirupur:India's Textile Valley
  21. ^ Flextronics signs pact for Chennai facility
  22. ^ Ericsson India Private Ltd
  23. ^ Sanmina sets up manufacturing plant in Tamil Nadu
  24. ^ Nokia Siemens to invest in Tamil Nadu
  25. ^ Rohit, T K (18 June 2009). "TN gears up for mobile turf war". Times of India. http://timesofindia.indiatimes.com/Cities/Chennai/TN-gears-up-for-mobile-turf-war/articleshow/4668677.cms. 
  26. ^ Rohit, T K (10 August 2009). "1 in 2 persons in TN has a cellphone, State At Present Has 4Cr Mobile Subscribers, Second Only To Maharashtra". The Times Of India: p. 3. http://timesofindia.indiatimes.com/articleshow/4875305.cms. 
  27. ^ "An overview of Mineral Reserves". Government of Tamil Nada. http://www.tnmine.tn.nic.in/TN-Mining.htm. Retrieved 2006-08-16. 
  28. ^ Tamil Nadu Mining
  29. ^ "TEDA catalyses renewable energy sector growth in Tamil Nadu". http://www.renewingindia.org/news1/news1_wind_teda.html. Retrieved 2006-10-28. 
  30. ^ a b "Tapping the Wind - India". February 2005. http://www.tve.org/ho/doc.cfm?aid=1678&lang=English. Retrieved 2006-10-28. 
  31. ^ Watts, Himangshu (November 11 2003). "Clean Energy Brings Windfall to Indian Village". Reuters News Service. http://www.planetark.com/dailynewsstory.cfm/newsid/22758/story.htm. Retrieved 2006-10-28. 
  32. ^ "Wind power boosts Southern Indian economy". Aljazeera.net. November 2 2003. http://english.aljazeera.net/NR/exeres/554FAF3A-B267-427A-B9EC-54881BDE0A2E.htm?printguid=%7B24C5448E-20D7-4155-A93F-F60F0B813B75%7D. Retrieved 2006-10-28. 
  33. ^ SAIL Plant
  34. ^ Southern Iron and Steel Company
  35. ^ Chemplast Sanmar Ltd
  36. ^ "Clean Green Energy from Tamil Nadu, India". http://www.indutourismnews.com/. Retrieved 2006-11-15. 
  37. ^ http://www.signetsolar.com
  38. ^ "Moser Baer signs MoU with State on setting up photovoltaic plant". The Hindu (Chennai, India). 2008-06-10. http://www.hindu.com/2008/06/10/stories/2008061053460400.htm. 
  39. ^ Tamil Nadu Infrastructure Development
  40. ^ "National Highways in Tamil Nadu". Ministry of Road Transport and Highways, Govt. of India. http://www.morth.nic.in/statedetailsmain.asp. Retrieved January 24, 2012. 
  41. ^ National Highway Authority of India
  42. ^ Official site for Tamil Nadu Highways
  43. ^ Highways, roads to be upgraded in Tamil Nadu
  44. ^ Transportation in Tamil Nadu
  45. ^ Creation of the Tamil Nadu Maritime Board
  46. ^ Dedicated Ports in Chennai
  47. ^ Official website for Ennore Port
  48. ^ Official website for Tuticorin Port
  49. ^ Expansion of Tuticorin Port
  50. ^ "Status of IT industry in Tamil Nadu". ELCOT. http://www.elcot.com/init-frame.htm. Retrieved 2006-08-16. 
  51. ^ Rise in software exports, says Stalin
  52. ^ Infosys setting up giant centre in Chennai
  53. ^ Chennai becomes most preferred BPO hub
  54. ^ Chennai most attractive city for offshoring services
  55. ^ "Tax Revenue Receipts" (PDF). Tamil Nadu Government. Archived from the original on 2006-07-24. http://web.archive.org/web/20060724204022/http://www.tn.gov.in/budget/finance/revenue+receipts.pdf. Retrieved 2006-08-16. 
  56. ^ "Finance Commission Report". Finance Commission of India. Archived from the original on 2006-03-28. http://web.archive.org/web/20060328093546/http://fincomindia.nic.in/thirdreport.htm. Retrieved 2006-08-16. 
  57. ^ includes the province of Hyderabad
  58. ^ a b includes revenues from non-ferrous mining and metallurgical industries
  59. ^ a b includes stamp fees
  60. ^ includes tax on trades
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