State Ranks second in Industrial Growth

Strongly denying that manufacturers were leaving Tamil Nadu and moving to other States, Tamil Nadu Industries Minister P. Thangamani on Dec. 5 said the State ranked second in GDP output after Maharashtra and that its growth rate of 7.94 per cent this year was more than the national growth rate of 4.94 per cent. The number of factories in 2013 was 40,354, while in 2014 it was 42,000, which showed that the number of factories was increasing. In the year 2011, under DMK rule, the number of employed persons was 84,21,000 but this had risen to 1.6 crore in the last three years under the AIADMK regime, proving that job opportunities were rising.

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