Tamil Nadu has attracted 2700 foreign direct investment (FDI) proposals in the last one year, thanks to the industry-friendly climate that prevails here. Nokia, Flextronics, Motorola, Foxconn are to name a few.
Comparing Tamil Nadu with China, which is another important FDI destination, Chandramouli said that wage rates are about 10 to 12 per cent low in Tamil Nadu. He said that Tamil Nadu is having a notable share in the country in many industrial sectors including software, hardware, automobile, and cotton.
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