Software exports reached an all-time high of $4.8 billion surpassing all other states in the country as of 31 October, 2023.
Published Dec 13, 2023 | 6:33 PM ⚊ Updated Dec 13, 2023 | 6:43 PM
TRB Rajaa. (X)
Software exports from Tamil Nadu have reached an all-time high of $4.8 billion surpassing all other states in the country as of 31 October, 2023, State Minister TRB Rajaa said on Wednesday, 13 December.
The Minister for Industries said the software exports from the state could hit $8 billion this financial year, marking a ‘significant leap’ from last year’s $5.37 billion.
“Exciting news ahead as we get ready for Tamil Nadu Global Investors Meet 2024. State-wise data on Electronic Exports from India till October 2023 are in, and the story of Tamil Nadu’s success is truly remarkable yet again,” he said on Wednesday.
📊 Exciting News ahead as we get ready for #TamilNaduGlobalInvestorsMeet2024 🎊
🌐 State-wise data on Electronic Exports from India till Oct 2023 are in, and the story of #TamilNadu's success is truly remarkable yet again ! 🚀🇮🇳
📈 With exports of ~$4.8 billion already ~ 31% of… pic.twitter.com/yENc0heNY5
— Dr. T R B Rajaa (@TRBRajaa) December 13, 2023
Tamil Nadu leads in electronic exports with $4.78 billion as of 31 October, 2023, followed by Uttar Pradesh at $2.58 billion. Karnataka ranked third at $2.29 billion, the data shared by Rajaa showed.
“The state’s strategic policies, skilled workforce, robust infrastructure and of course the Dravidian Model of governance have propelled its exports to new heights,” he wrote in a social media post.
“The success must be attributed to the commitment of our Chief Minister MK Stalin to foster innovation, attract investments, and nurture a vibrant business environment. As the data unfolds, it is clear that Tamil Nadu’s growth trajectory in Electronic Exports is not just a statistic but a testament to the state’s thriving ecosystem,” he added.
According to the data, Maharashtra ranked fourth in India with electronic exports of $1.69 billion, while Gujarat stood at $1.59 billion as of 31 October, 2023. Delhi recorded $806.91 million, Haryana $385.81 million, and Telangana $356.36 million.
(Disclaimer: The headline, subheads, and intro of this report along with the photos may have been reworked by South First. The rest of the content is from a syndicated feed, and has been edited for style.)