Tamil Nadu Investment reasons
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Transcript Tamil Nadu Investment reasons
TAMIL NADU
AN OPPORTUNITY
BECKONS…
Advantage India
Growing domestic consumer base
Demographic Dividend
More than 800 million people under the age
of 34 years
700
Urban population (million) and per capita
disposable income (USD)
Per capita disposable income
Urban Population
Rising disposable income and urbanization
2000
600
1500
500
400
1000
300
200
500
100
0
0
1991
2001
Urban population (million)
2008
2030
Per capita disposable income
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Democratic set up and strong economic reforms
Strong Democracy
Progressive Economic
Reforms
2016
60 and above 55-59
Investor friendly
Government
Initiatives
50-54
2021
45-49
40-44
35-39
2026
34 and below
Visionary Strategic
Direction
Advantage India
Land of abundant
natural resources and
diverse climatic
conditions
World's largest
democracy with 1.2
billion people
Enabling business
environment with
greater
global participation
Access to technology
as a
result of the IT
revolution
Strong market
fundamentals
Impetus on
infrastructure
development
Progressive
simplification and
rationalization of direct
and indirect tax
structures
Competitively priced
skilled labour
Strategic Location
Tamil Nadu is well connected to the major cities of the world both by air and sea routes
TAMIL NADU
Frankfurt
London
Brussels
Hong Kong
Direct flight route
Major sea routes
Destinations with
growing potential
Bangkok
Dubai, Sharjah,
Abu Dhabi,
Riyadh, Kuwait,
Bahrain, Doha
Kuala
Singapore
Lumpur
Mauritius
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10 reasons to choose Tamil
Nadu
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#1 – An economic powerhouse on a high growth trajectory
– GDP growth propelled by Industries
and Services sectors - decadal CAGR of
9% and 10% respectively
– GDP driven by Industries and Services
The State is the second
largest contributor to
India’s GDP
sectors - accounting for 93%
– On a PPP basis, Tamil Nadu’s GDP is
higher
than
Norway,
Finland,
Denmark, New Zealand, Vietnam, etc,
ranking among the top 50 countries of
8.4%
the world
4
# 2 – A global industrial and manufacturing hub
– Robust industrial ecosystem with right
mix of over 40,000 large industries
supported by over 900,000 SMEs
– Home to over 50 of Fortune 500
companies, and has received USD 13
Highest share of India’s
industrial workforce
16%
billion in FDI from year 2000 to 2014
– Contributes more than 10% of the
national output in paper, machinery,
electronics, textiles, auto and auto
components and leather products
Highest share of total
factories
17%
#3 – Robust physical infrastructure (1/2)
•
Robust physical infrastructure in tune with the
modern times
–
–
–
–
–
India’s second longest coastline of 1076 km with 3
major ports and 16 minor ports that handled over
107 million tonnes of cargo in 2014
Excellent road network of over 62,000 km (of
multi lane roads alone). TN has a road density of
177 km per 100 sq. km higher than the national
average of 148 km per 100 sq. km
State with one of the largest telecom markets and
highest subscriber base – 8.4% of the total
subscriber base of India
Only State in India with 4 international
airports – offering direct connectivity with over
20 countries
Strong presence of multilateral agencies like JICA,
World Bank, ADB etc. ensures continuous
infrastructure capacity upgradation
Percentage of India’s
major ports capacity
15%
#3 – Robust physical infrastructure (2/2)
– Land in existing 20 industrial parks/complexes
(including six SEZs) with a total area of 24,055
acres allotted to over 2200 industries – with a
combined investment of USD 17 billion
– 8 industrial parks with a total area of about
9000
acres
are
at
advanced
stage
of
development in the State
– Additional focus on southern districts – a land
bank of 20,650 acres being created for
industries, anticipated to bring in investment
of ~USD 4 billion
Additional land bank to
be created by the
Government for
industries
~42,000
acres
#4 – Renewable energy capital of India
–
Fifth largest in the world in terms of wind
power capacity
–
More than 50% of the total power capacity in
Tamil Nadu is from renewable sources
–
Second largest in the country in terms of cogen power plants
–
Highest capacity of
renewable energy in
India
State to be power surplus by year 2016, in view
of the anticipated capacity additions, both in
conventional and renewable energy sectors.
–
The State has planned investment pipeline of
$ 65 billion in Power sector as part of its
Vision 2023
8495 MW
#5 – Innovation and knowledge hub of India
– The State is home to 55 universities, 2267
colleges, 525 engineering colleges and 447
polytechnics making it a hub of knowledge
creation and dissemination
– 400,000 engineers and technicians are
added to the State’s talent pool each year
across specialisations – mechanical, civil,
electrical & electronics, computers and
communication, chemicals, biotechnology,
etc
– State Government setting up Centres of
Excellence in automotive, agriculture,
solar & clean technology, aerospace
Highest number of
technical universities
in the country
18%
•GoTN has set up an innovation fund that rewards students, academic institutions and others engaged in
#6 – Robust urban and social infrastructure with world
class civic amenities
– Chennai rated among world’s 2o fastest
growing cities
– Various
studies
indicate
that
Chennai,
Coimbatore, Madurai are rated among the
most liveable cities in India.
– State
Government
implementation
of
is
planning
various
sustainable
The most urbanized
State in India
initiatives in areas of urban transport,
renewable energy, environment services and
urban redevelopment
– Chennai is the healthcare capital of India
with robust network of over 300 multi-
48.5%
specialty hospitals with about 12,500 doctors
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#7 – Strong tourism footprint
– 244 million domestic tourists and 3.9
million foreign tourists visited Tamil
Nadu in 2013
– Investment of USD 1.7 billion planned
to promote growth of tourism and
hospitality sectors
– Tourism anticipated to grow at a robust
pace due to the emergence of the State
as a key business and cultural hub
Tamil Nadu ranks 1st
in terms of domestic
tourist arrivals
and
2nd in foreign tourist
arrivals in India
#8 – Path breaking policy initiatives and investor facilitation
framework
– A robust and time-tested
framework in place
regulatory
– Policy-driven administration leading to
transparency in decision-making
– Thrust on manufacturing sector and
making SMEs vibrant
– Structured policy package for aerospace,
IT/ITES on the anvil
– Higher fiscal incentives and special
packages for investments in southern
districts of Tamil Nadu
– Facilitated over 190 project proposals
through single window facilitation, with
cumulative investment of USD 10 billion
Policies announced in 2014:
- Industrial Policy
- Automobiles and auto
components policy
- Biotechnology policy
Structured fiscal incentive packages
for mega, super mega and ultra mega
projects
Composite approval through single
window on a fast track basis within
30 days of application
#9 – New paradigm for industrial growth
Phase IV
Phase III
Phase II
Phase I
•
•
• About 50 product clusters in
Tamil Nadu focusing
primarily in automobiles,
textiles, engineering, leather,
chemicals, etc
• 92 multi-sector industrial
estates present across the state
• 36 operational SEZs in Tamil
Nadu in the following focus
areas:
•
•
•
•
•
•
•
•
•
Multi-product
IT/ITeS
Auto/auto ancillaries
Electronics hardware
Hi-tech engineering
Food processing
Bio-informatics
Footwear
Transport equipment
Level of integration
•
•
•
•
Special Investment Regions (>
100 sq. km in area)
Industrial corridors
• Chennai - Bengaluru
• Madurai - Thoothukudi
Petroleum, Chemicals &
Petrochemicals Investment
Region (PCPIR)
IT Investment Region (ITIR)
Aerospace and logistics park
Industrial parks/townships
# 10 – Vision 2023 for inclusive growth and development
– Sustained GSDP growth targeted at 11%
per annum, with a goal to reach per capita
income of USD 10,000 by 2023
– Almost 80% of infrastructure investment
planned in energy, transport, water
supply, industrial/commercial activities
and urban infrastructure. GoTN has
already identified 217 high priority
projects
– Commitment from GoTN through Project
preparation fund and other vehicles to
enhance
financing
sources
for
infrastructure projects
– 42% of the targeted investment is
proposed to be under the PPP model
providing great opportunity for players in
infrastructure development and financing
businesses
Planned investment
for infrastructure
development
USD 250
billion
Avenues for Collaboration
Avenues for Collaboration
Sector Focus
Advantage Tamil Nadu
Tamil Nadu- Malaysia synergy
Agro-food
processing
•
The State is among the top
producers in a variety of fruits
and vegetables in India
• Overseas Indians constitute about 8%
of Malaysian population of which over
75% are Tamil Malaysians.
•
Diverse soil and climatic
conditions favorable for
growing a variety of
horticulture crops
• Malaysia is the world’s largest exporter
and the 2nd largest producer of palm oil,
5th largest producer of pepper and
Asia’s largest cocoa grinder.
•
Four Agro-export zones , an
existing Food park and a
Spices park
• Partnerships can be forged for transfer
of technology in the areas of food
processing, packaging and supply chain
logistics.
•
Upcoming food processing
SEZ
• SMEs can be
investments.
a
focus
area
for
Avenues for Collaboration
Sector Focus
Advantage Tamil Nadu
Tamil Nadu- Malaysia Synergy
Chemicals and
Petrochemicals
• Tamil
Nadu has a diversified
manufacturing
base
of
2500
chemical
and
petrochemical
factories
•
The Petroleum and
Petrochemicals industry is one of
the leading industries in Malaysia.
PETRONAS is one of the largest
Oil and Gas Companies in Malaysia
•
Partnerships can be forged with
chemical and petrochemical based
industries
in
Malaysia
for
investments in the areas of high
performance chemicals and petro
chemicals
• The State has presence across the
value chain
• A delineated investment region
called PCPIR has been planned for
the establishment of chemical and
petrochemical industries.
Avenues for Collaboration
Sector Focus
Advantage Tamil Nadu
Infrastructure
•
•
A total investment outlay of USD 250
billion has been initiated under the Tamil
Nadu Vision 2023 . 80% of this investment
is initiated in Energy, Transport, Urban
Infrastructure
and
Industrial
Infrastructure projects
Infrastructure development encouraged
through Public Private Partnership (PPP)
Tamil Nadu- Malaysia Synergy
•
A MoU on Cooperation relating to the
Provision of Technical Assistance
Services on Highway Management and
Development was signed in December
2010 between India and Malaysia.
•
Malaysian Infrastructure companies can
focus on development of infrastructure
such as highways in the State
Thank You