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Today Date : Thursday, February 29, 2024

TN’s economic triumph: Industrial progress with women empowerment

TN’s economic triumph: Industrial progress with women empowerment

After the DMK won the election and assumed power in the state, plans were made to advance the state, attracting investments from Singapore and Japan. The International Investors' Conference in Chennai boosted its industrialization. As the efforts bore results, a recent report in an American newspaper has said: "Tamil Nadu's women make up only 5 percent of the national population. But 43 percent of India's working women are from Tamil Nadu. Thus, Tamil Nadu is at the forefront of turning India's population growth into a real advantage.
Tamil Nadu, home to 7 crore people, is currently making a record in the industrial sector. 
Tamil Nadu is succeeding in other ways apart from the path travelled by the whole of India in terms of industrial development.
India's Union government began subsidizing electronics manufacturing across the country in 2021, with places like Noida next to New Delhi making similar arrangements. But, for Tamil Nadu, that incentive is not considered essential. Investments continue to accumulate. 
Some parts of Tamil Nadu are already acting as industrial champions. Chennai has become the capital of car and auto parts manufacturing.
Similarly, in Coimbatore in the western part of the state, motor pump manufacturing factories, textile factories in Tirupur and matchbox manufacturing factories in Sivakasi are already functioning well. 
A Vietnamese-based company, has announced an investment of USD 2 billion to manufacture electric vehicles in Tamil Nadu. An US-based company is planning to manufacture spare parts for iPhone devices in Tamil Nadu.
The New York Times has praised the Tamil Nadu government in this way. 
This is evidence that Tamil Nadu is a pioneer state...a guiding state for India in the field of industry and that the Tamil Nadu government is working to support the world by giving more importance to women and appreciating their potential.