Chennai : Chief Minister M K Stalin on Wednesday unveiled
the Tamil Nadu Export Promotion Policy that aims to increase its exports
to USD 100 billion by 2030.
Releasing the policy at the Tamil Nadu Exports Conclave here, Mr Stalin
said the State will adopt a two-pronged approach–export promotion and
export diversification, to achieve this objective.
As per the policy, Tamil Nadu would develop two Economic Employment
Enclaves in Manaellore and Thoothukudi to ensure balanced growth of
exports across the State.
It said the state has identified 10 Export Hubs and shall strengthen export
related common infrastructure projects in these hubs by reimbursing 25 per
cent of the project cost, subject to a ceiling of Rs.10 crores per Export Hub.
As per the policy, schemes have been formulated to provide special package
incentives in order to encourage exporters to produce value-added products.