Automobile and Auto Components Sector
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Tamil Nadu, till date, is the only State to attract seven automobile giants-Ford, Hyundai, Mitsubishi, Daimler, Nissan, Renault and BMW. Chennai, the capital of Tamil Nadu has an installed capacity to produce over 3,80,000 cars and about 3,50,000 commercial vehicles each year.

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Tamil Nadu will have significant capacity addition by 2017-18 with players like Yamaha, Toyota , Mahindra & Mahindra establishing their plants in the Region.

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Tamil Nadu is the largest contributor to the automobile sector in India in terms of Industrial Output and has about 20% of India’s total installed capacity of Vehicle production.The state aims to reach 5 million Units production by 2020.

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Tamil Nadu accounts for 21% of India’s automobile exports. It is the Export Hub of Passenger Vehicles accounting for 70% of India’s overall exports.

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It has over 80 automobile component manufacturers, accounting for a turnover of over USD 1.3 billion as in 2013-14.

Opportunities

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The State has three existing automobile and auto component clusters, three upcoming auto industrial parks and four upcoming auto clusters.

09
10
Sept 2015

Global Investors
meet
-2015

Venue:
Chennai Trade Centre, Chennai, Tamil Nadu, India
Event Registration

10 Reasons to Choose Tamil Nadu

  • An economic powerhouse on a high growth trajectory
  • A global industrial and manufacturing hub
  • Robust physical infrastructure
  • Renewable energy capital of India
  • Innovation and Knowledge hub of India
  • Robust urban and social infrastructure with world class civic amenities
  • Strong tourism footprint
  • Path breaking policy initiatives and investor facilitation framework
  • New paradigm for industrial growth
  • Vision 2023 for inclusive growth and Development