Sriperumbudur: TN's Manufacturing Powerhouse Fuels 11.2% Growth, Creates 70,000 Jobs
Sriperumbudur: TN's Manufacturing Powerhouse Fuels 11.2% Growth, Creates 70,000 Jobs
- •Sriperumbudur transforms from a rural area into Tamil Nadu's economic engine, fueling 11.2% growth in 2024-25.
- •It has become a major manufacturing hub with companies like Samsung, Foxconn, and Dell, creating over 70,000 jobs.
- •Manufacturing-led growth, paired with skill development and fair wages, is key to its success, formalizing livelihoods and improving productivity.
- •Industrialization has reshaped household incomes, skill profiles, and enabled local employment for youngsters.
- •Tamil Nadu aims to become a USD 150 billion electronics hub by 2030 and a one trillion-dollar economy by 2030-31.