Tamil Nadu aims for $72 billion merchandise export target by 2026-27
Industries Minister S Keerthana said the state will use free trade agreements to expand market access for businesses and farmers.
Tamil Nadu intends to grow its merchandise exports from $59 billion to $72 billion during the 2026-27 period, according to The New Indian Express.
Industries Minister S Keerthana announced the goal during a workshop in Chennai on Friday. The state has also established specific export targets for all 38 districts.
The state's roadmap includes making Kancheepuram a leading export district, upgrading testing facilities, and creating an FTA facilitation cell, according to Guidance Tamil Nadu.
These efforts support Chief Minister C Joseph Vijay's goal of reaching a $1.5 trillion state economy by 2036. Current exports include electronics, textiles, leather, and automobiles.
Keerthana also released a guidebook with 100 frequently asked questions to assist MSMEs, women entrepreneurs, and first-time exporters with international procedures.
The Minister is scheduled to travel to Germany on Sunday to seek investments in sectors such as advanced manufacturing, engineering, and electronics.