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‘TN aims to be automotive electronics capital’

Chennai:Tamil Naduis well-poised to harness the growth potential of the automotive electricals andelectronics sectoras it sits at the intersection of three technologies: conventionalautomobile technology, electronics hardware, andsoftware. “In each of these sectors, Tamil Nadu is the leader so there are immense possibilities to become theautomotive electronicscapital of India”, state industries secretary V Arun Roy said at the Automotive Electricals and Electronic Summit organised by the Confederation of Indian Industry (CII) on Thursday.“Global companies have looked at leveraging this ecosystem in Tamil Nadu, and that has helped us become a major electronic hardware base,” At the recently concluded TN Global Investor Meet, the state came out with a semiconductor and advanced electronics policy. “With this policy, the sector is expected to contribute 40% of India’s electronic exports from the current levels of 30%,” said Srivats Ram, vice chairman, CII, TN and MD, Wheels India.

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