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From Factories to Welfare: The Strong Fundamentals Behind Tamil Nadu’s 16% Growth
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From Factories to Welfare: The Strong Fundamentals Behind Tamil Nadu’s 16% Growth
At first glance, Tamil Nadu’s economic performance appears impressive purely on numbers. A 16% nominal GSDP growth in 2024–25, the fastest among India’s large states, and a compounded growth rate of nearly 14.6% since 2020–21 firmly position the state as India’s second-largest economy. But to stop at these figures would be to miss the deeper story unfolding beneath them. Tamil Nadu’s growth is not accidental, cyclical, or narrowly concentrated. …
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