HomeNewsBusinessEconomyStep up exports to meet $1-trillion economy by 2030: Tamil Nadu CM M K Stalin

Step up exports to meet $1-trillion economy by 2030: Tamil Nadu CM M K Stalin

At present, Tamil Nadu’s share on the export front stood at $ 26 billion and this should be increased to $ 100 billion by 2030, M K Stalin said after presenting the FIEO Southern Region Export Excellence Awards.

May 11, 2022 / 18:58 IST
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Tamil Nadu Chief Minister MK Stalin (Illustration: Moneycontrol)
Tamil Nadu Chief Minister MK Stalin (Illustration: Moneycontrol)

Asserting that exports are very crucial to achieve economic growth, Tamil Nadu Chief Minister M K Stalin on Wednesday called upon the captains of industries to step up the exports by about $ 100 billion and meet the government’s ambitious target of achieving $ one trillion dollar economy by 2030.

At present, Tamil Nadu’s share on the export front stood at $ 26 billion and this should be increased to $ 100 billion by 2030, he said after presenting the FIEO Southern Region Export Excellence Awards.

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His government has already initiated several measures to attain the objective, he said at the event held under the aegis of the Federation of Indian Export Organisations (FIEO).

"I had unveiled plans in September last year on export promotion and the government is taking several steps in this direction. To name some, efforts are on to establish a Knowledge City, State Export Promotion Committee, and International Furniture Park,” Stalin said.