SMALL AND MEDIUM
ENTERPRISES IN TAMIL NADU
General
Tamilnadu
is one of the well developed states in terms of industrial development. In the
post-liberalization era, Tamilnadu has emerged as one of the front-runners by
attracting a large number of investment proposals particularly in recent times.
Today, Tamilnadu is the third largest economy in India and its current State
Domestic Product is well over US $ 23 billion.
The Small and Medium Enterprises in Tamilnadu today comprise of
automobile ancillaries, textiles and food processing. There is a growth in the
automobile ancillaries industry because companies like Ford and Hyundai have
come to Tamilnadu. The food processing sector again is growing as there is a
demand for processed and packaged food. Entrepreneurs are setting up cold
storages and exporting frozen vegetables and fruits.
Importance
of SME in Tamilnadu
The SME sector has a major contribution to the economy of Tamilnadu. The
table given below indicates the trend in growth of small scale industries
iduring the last ten years and the level of investment, employment, etc, it has
created:-
Performance
There has been a phenomenal growth in the number of small
scale industries in Tamilnadu. From a mere 18,440 SSI units in 1977 it has
grown to 3,87,597 SSI units as on 31.12.2001.
A look at the group-wise classification of SSI shows Hosiery
and Readymade Garments units at the top list with 89,464 units accounting for a
little over 22.2% of the total number of units. Other Manufacturing industries
are far behind with 58,777 units which is around 15% of the total.Manufacturing
sector is closely followed by Food Products with 37,152 units which is close to
10%. Share of all other groups are of single digit and the share of Jute, Hemp
and Mesla Products and Beverages, Tobacco & Tobacco Products together is
below 1%.
SMALL SCALE INDUSTRIES IN TAMILNADU AS ON 31.12.2001 (3, 87,597
Total)