TN's exports from SEZs is record over Rs one lakh cr : Purohit

TN's exports from SEZs is record over Rs one lakh cr : Purohit

Agency News

Chennai, Feb 8 : Tamil Nadu Governor Banwarilal Purohit today said exports from SEZs in the State was a record more than Rs one lakh crore during the last year. Speaking at the EPCES Annual Export Award function here, he said of 238 operational SEZs in the country, 41 were in Tamil Nadu alone. 'Similarly out of 1,751 EoUs in the country, 351 are functional in Tamil Nadu and Puducherry, constituting 20 percent of the total EoUs in the country', he added. He said renowned multinational companies like HCL, Cognizant Technology Solutions, WIPRO, TCS, Ford Motors, FengtayGroup, L&T, Mahindra, DLF, etc. have set up SEZs in Tamil Nadu.

Stating that the exports from SEZs in Tamil Nadu were more than Rs one lakh crore during last year which was a record performance, Mr Purohit said Tamil Nadu stands first in the Good Governance Index of States as well as Best Performing State in India. Observing that Tamil Nadu has conducive and comfortable business and industrial climate, he said that was why many MNCs like to set up their business establishments in the state.

It is a key industrial destination in India, he said, adding, Tamil Nadu’s contribution to food processing output in India was about seven percent. 'Highest egg production comes from our state. It is also the leading producer of spices and country’s one third of textile business is from Tamil Nadu. So, we call it as Textile Valley of India as our apparel products travel all over the world as exports', Mr Purohit said. Noting that the State was a National Leader in leather with 60 percent share in finished leather production, he said Tamil Nadu has a well-organised leather sector with 50 percent of India’s exports were from the State.

The percentage of linkage to global leather brand products was higher in Tamil Nadu, he said and added that the State was one of the top 10 automobile hubs in the world, accountin for 45 percent of motor vehicles exported from India. It is also the largest tyre manufacturer in the country. In Chennai, three cars were produced every minute, 10 motorcycles in a minute and one truck in every two minutes. In the heavy engineering sector, Tamil Nadu ranks second in the country, the Governor said.

'The state is not only India’s but also world’s software hub. The contribution of IT sector in generating employment is immense. More than four lakh people are directly employed in IT firms, while more than seven lakh people indirectly employed in the sector', he said. The exports from this sector was increasing year on year to reach about 18 billion US dollars last year, which was an incredible achievement.

Pointing out tht Tamil Nadu has one of the best IT infrastructures in the country, Mr Purohit said 'if we talk about software, the growth in hardware sector cannot be left aside. Tamil Nadu ranks second in India in computer, electronics and optical products manufacturing by accounting 16 percent of national production.' 'It is also a leading exporter of hardware from the country', he added. The state accounts for ten per cent of National pharmaceutical production and Tamil Nadu has the distinction of having India’s second Defence Industrial Corridor connecting five cities. The overall exports from the State of Tamil Nadu during 2018-19 was Rs 2,18,312 crore and the State ranks third in exports among all states in the country. (UNI)