Wednesday, May 22, 2024
spot_img
HomeGADGETSELECTRONICSElectronics exports from Tamil Nadu touch $7.37 billion

Electronics exports from Tamil Nadu touch $7.37 billion

CHENNAI:Tamil Naduhas continued to consolidate its position as India’s leadingexporterofelectronic goodswith itsvaluetouching $7.37 billion for the period April 2023 to January 2024.This is 32.5% of India’s total export of ESDM goods worth $22.65 billion for the same period.Compared to the exports of electronic goods for the previous financial year (2022-2023), which was $5.37 billion, Tamil Nadu’s exports in the first 10 months of the current fiscal are up 37%.The state’s export of electronic goods is expected to hit $9 billion by the end of this financial year.State minister for industries, investment promotion, and commerce TRB Rajaa said, “This achievement underscores the state’s pivotal role in the national economy. Tamil Nadu continues to shine as a prime destination for manufacturing and a hub for creating high-quality jobs for our youth and we are confident that we will keep the momentum going.”To tap this sector’s immense potential and move up in the value chain, the Tamil Nadu Semiconductor and Advanced Electronics Policy 2024 was unveiled at the Tamil Nadu Global Investors Meet held in January. The policy aims at accelerating growth in this sector and creating a skilled talent pool of 2,00,000 people by 2030. 

Post Disclaimer

The information provided in our posts or blogs are for educational and informative purposes only. We do not guarantee the accuracy, completeness or suitability of the information. We do not provide financial or investment advice. Readers should always seek professional advice before making any financial or investment decisions based on the information provided in our content. We will not be held responsible for any losses, damages or consequences that may arise from relying on the information provided in our content.

RELATED ARTICLES

Most Popular

Recent Comments

error: Content is protected !!