The automotive industry occupies an important place in the industrial map of Tamil Nadu.
The state's innovative policy for the sector offers an attractive package of support to projects investing more than Rs 4,000 crore.
As a result, since May 2006, investments attracted by Tamil Nadu in automotive and auto components manufacturing is around Rs 21,900 crore.
That's almost five times the investments attracted during previous 15 years.
The employment potential, both direct and indirect, in these new projects is roughly 120,000.