With much fanfare, TamilNadu government announced its new Industrial policy yesterday.
The new industrial policy is targeting to create additional 2m jobs by 2011 and raising the contribution of the manufacturing sector to 27% by then from the present 21% of state GDP.
The policy focuses on employability-based incentives for new investments, rather than offering incentives using investments as benchmark.
Considerable attention has been given in the policy to double exports from the state to Rs 1,40,000 crore by 2011!
The new industrial policy is targeting to create additional 2m jobs by 2011 and raising the contribution of the manufacturing sector to 27% by then from the present 21% of state GDP.
The policy focuses on employability-based incentives for new investments, rather than offering incentives using investments as benchmark.
Considerable attention has been given in the policy to double exports from the state to Rs 1,40,000 crore by 2011!
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