ENABLING DRIVERS

POLICY SUPPORT & EASE OF DOING BUSINESS

STREAMLINED PROCESSES, MAXIMUM SUPPORT

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A pro-business policy environment and streamlined governance make Tamil Nadu an investor-friendly destination. The State ranks among the top for ease of doing business, in India, thanks to reforms like a single-window clearance system for fast-trackapprovals. Successive governments have upheld policy stability and transparency, bolstering investor confidence. Tamil Nadu has been aggressive in rolling out sector-specific policies – Electronics & Hardware, Electric Vehicles (2019, updated 2023), Aerospace & Defence, Data Centres, FinTech, and most recently a GCC (Global Capability Centre) Policy – each offering tailored incentives and infrastructure support. These policies not only spur investments but also focus on skill development and balanced regional growth.

INVESTOR ATTRACTION AND FACILITATION

The State's Proactive Approach Is Evident In The Global Investors Meets (GIMs) And Regular Investment Conclaves. In Just The Last Few Years, Tamil Nadu Attracted An Unprecedented ₹10.07 Lakh Crore (~$137 Billion) In Investment Commitments Via 833 MoUs Signed Since 2021. These Projects Are Expected To Create Over 3.1 Million Jobs Across Diverse Sectors. The Government's Dedicated Agencies Like Guidance Tamil Nadu, FameTN For MSME And StartupTN For Startups Handhold Investors, Providing Aftercare And Expedited Solutions. The Single-Window Portal Integrates 38+ Departments For Licenses And Permits, Significantly Reducing Paperwork And Turnaround Time For New Businesses.

INFRASTRUCTURE & REGULATORY SUPPORT

Tamil Nadu Ensures Investors Have World-Class Industrial Infrastructure – Abundant Land In Government And Private Industrial Parks, Reliable Power (Including Renewables), And Quality Logistics (Ports, Highways, Airports). It Is The Only State In India With 100% Of Districts Covered By Industrial Corridor Projects, Leveraging Corridors Like Chennai-Bengaluru And East Coast Economic Corridor To Enable Cluster-Based Development. Regulatory Clearances Are Increasingly Put Online; E-Governance In Commercial Taxes, Land Registration, And Utilities Makes Compliance Smoother. Moreover, 100% FDI Is Permitted In Many Sectors Via An Automatic Route In Line With National Policy, And Tamil Nadu Complements This With State Incentives (Capital Subsidies, Tax Rebates, Training Subsidies) To Priority Industries.

NOTABLE POLICY INITIATIVES

The Tamil Nadu Industrial Policy 2021 Targets A 16% Annual Industrial Growth And ₹10 Trillion Investment By 2030, With Special Focus On Inclusive Job Creation (E.G., Incentives For Hiring Women, Differently Abled Persons). A Unique Payroll Incentive Scheme Subsidises Salaries For New High-Paying Jobs To Anchor Global Capability Centres In The State. Additionally, Green Factory And Sustainability Incentives Encourage Industries To Adopt Clean Energy And Efficient Technologies, Aligning Economic Growth With Environmental Goals.

EASE OF DOING BUSINESS

Quick Turnaround In Government Services Has Been A Hallmark. Tamil Nadu's Governance Was Ranked #1 In The Good Governance Index (Government Of India, 2019) For Its Effective Public Service Delivery. In The National E-Governance Service Delivery Assessment, Tamil Nadu Emerged As One Of The Top States, With Its Online Service Portals Achieving Over 85% Compliance To Quality Standards. These Recognitions Underscore The State's Commitment To Ease Of Doing Business, Not Just In Paper Rankings But In On-Ground Investor Experience.