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Tamil Nadu needs a sectoral approach to sustain growth

According to reports, Tamil Nadu needs to augment its physical infrastructure and evolve a sectoral approach to sustain its development, giving due focus to manufacturing and upgradation of skill sets for industry requirements, said Mr T.T. Ashok, Chairman, Confederation of Indian Industry, Southern Region, here on Wednesday.

Addressing an interactive session, organised by CII, Madurai Zone, on ‘South India 2020′ Accelerate Inclusive Growth and Sustainable Development, he said that between 2005-10, Tamil Nadu has been able to attract only a lesser investment compared to Gujarat and slipped to 5th rank among the States. The way forward is to build on its strength in automobile and auto component manufacturing, information technology, medical tourism, textiles and wind and solar power generation that would give a boost to medium and small industries in supply chain activities in the State. The immediate thrust is to make the state a global automobile hub, capable of producing 25 per cent of global production in the industry, he stressed.

Pointing out that there was a skill gap in the State to the extent of 1,50,000 persons in the industrial sector, he said that an entry level training has been mooted to raise the skill level and maintain the process through establishment of a Centre of Excellence and impart training in e-learning and use of e-technology.

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