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Tamil Nadu has emerged as a leading beneficiary of the Production-Linked Incentive (PLI) scheme, with a significant share of projects in the electronics and automobile sectors. This announcement was made by Union Finance Minister Nirmala Sitharaman, emphasizing the state's pivotal role in India's industrial growth. The PLI scheme is part of the Indian government's broader strategy to enhance domestic manufacturing capabilities, with a focus on strategic sectors like electronics, automotive, and advanced chemistry cell batteries.
Electronics and Electronics Parts: Tamil Nadu hosts one of India's two major electronic parts manufacturing clusters, alongside Gujarat. The state has received substantial funding for the development of these clusters, with an allocation of ₹1,100 crore dedicated to this initiative[1][2].
Automobile Sector: The state is also a major player in the automobile and auto component manufacturing sector under the PLI scheme. Out of 82 approved applications, 46 are based in Tamil Nadu, marking it as the second-largest recipient in this sector[2][3].
Advanced Chemistry Cell Battery Manufacturing: Tamil Nadu has secured approvals for four companies under the PLI scheme for advanced chemistry cell battery manufacturing. This move is part of India's push towards electric vehicles and sustainable energy solutions[2][3].
Finance Minister Nirmala Sitharaman addressed concerns about central neglect of Tamil Nadu by highlighting the state's extensive involvement in various central schemes. She emphasized that Tamil Nadu has been a significant beneficiary over the past decade, benefiting from multiple sector-specific initiatives and infrastructure projects[1][2].
Sitharaman also underscored the importance of offshore wind energy projects, with the Centre allocating ₹7,453 crore through the Viability Gap Funding Scheme to develop these projects in Tamil Nadu and Gujarat. This initiative aligns with India's renewable energy goals and aims to reduce dependence on fossil fuels[1][3].
In addition to industrial projects, Tamil Nadu has seen notable advancements in infrastructure development:
Railway Expansion: The state has added approximately 1,303 km of new railway lines. Moreover, about 2,242 km of the existing network has been electrified, promoting cleaner and more efficient transportation[2][3].
Metro Rail Expansion: Nearly 54 km of the Chennai Metro is operational, with approvals granted for Phase 2 expansion at an estimated cost of ₹63,046 crore, funded 60% by the union government[3].
Green Hydrogen Hub Port: The Centre has planned the country's first Green Hydrogen Hub Port in Tuticorin, further solidifying Tamil Nadu's position as a hub for green energy innovation[2][3].
The allocation of major PLI projects to Tamil Nadu signals a strong commitment from the central government to bolster the state's industrial prowess. As India continues to evolve as a manufacturing hub, initiatives like the PLI scheme are essential for boosting economic growth and diversifying the country's industrial base.
