Indian Government is totally focused about Indian products and all states are supporting it with new initiatives for promoting Make in India campaign.
Tamil Nadu’s Principal Secretary-Industries N Muruganandam while explaining the importance of its state’s strength said Tamil Nadu can become an important manufacturing hub for automotive electronics. It can become an attractive manufacturing centre for automotive electronics, defence and aerospace.
With the right ecosystem in place, the Tamil Nadu government is all set to attract investments in the emerging areas of automotive and allied sectors.
He felt that it would be a logical extension for automotive and component companies in the State to look at opportunities in the defence and aerospace sectors. While the State has come out with a policy to attract investments in defence and aerospace, Tamil Nadu is also housing one of the two defence corridors planned by the Union government. “Overall, the future of the auto sector is bright and Tamil Nadu will continue to grow in this space,” he added.
Muruganandam highlighted the State’s plan to attract investments and create jobs in the electric mobility space, supported by a favourable policy launched last year.
EV start-ups should be encouraged in the State and there would be an opportunity to work with the UK companies in the electric mobility space, he said.