Tamil Nadu has the second-largest economy in India and by area is the fourth largest state of India. The capital is Chennai and over 60% of the state is urbanised.
Chennai is one of my personal favourites – doing business there is good and there is plenty of tourism and activity to keep life interesting.
One of the leading firms is the Sundaram Finance group, led by Managing Director TT Srinivasaraghavan. The firm has a code of ethics and behaviour which it calls “The Sundaram Way” – an inspiring document worth looking up.
Within the Sundaram group is an outsourcing and business consulting arm, Sundaram Business Services (SBS).
SBS is strong in Australia and provides services to many leading brands, including a major superannuation outsourcing practice.
SBS is led here by Harish Rao who pioneered Australia’s superannuation outsourcing to India (pictured below, Harish Rao has won several awards in Australia).
As a southern India state, it is highly courteous, very friendly, conservative in approach to business and a good starting place to find a trusted business partner.
Tamil Nadu has a diversified manufacturing sector and features among the leaders in several industries like automobiles and auto components, engineering, pharmaceuticals, garments, textile products, leather products, chemicals, plastics, etc.
It has a well-developed infrastructure with an excellent road and rail network, three major ports, 15 minor ports, and seven airports across the state providing excellent connectivity.
As of February 2020, the state had 54 formally approved Special Economic Zone (SEZs), 50 notified SEZs and four with in- principle approval SEZs and has total 40 exporting SEZs.
For most of you, Chennai and the state of Tamil Nadu make a good starting point on your India journey.