Chennai is buzzing with pride as Tamil Nadu achieves an impressive 11.9% economic growth for the fiscal year 2024-25. This marks the first time in over a decade that the state has hit double-digit growth, setting a new benchmark for economic performance in India.
Chief Minister M.K. Stalin didn’t hold back his excitement. Taking to X, he hailed the achievement as a testament to the success of the #DravidianModel governance. “Tamil Nadu stands tall as the only state in India to achieve double-digit economic growth this year,” he declared.
The numbers, released by the Union Ministry of Statistics and Programme Implementation (MoSPI), place Tamil Nadu at the top of the economic growth chart among Indian states. It’s a significant leap from the previously reported 9.69% growth, reinforcing the state’s position as a key driver of India’s economy.
Stalin also addressed the ambitious $1 trillion economy target set for 2030. “When we first announced this goal, many called it too ambitious,” he recalled. “But with growth like this, what seemed distant is now within our grasp.”
The Chief Minister drew a parallel to the state’s last double-digit growth in 2010-11, achieved under the leadership of Kalaignar. “History repeats itself,” he noted. “Both times, it was the DMK government steering Tamil Nadu to these heights.”
This milestone isn’t just about numbers. It reflects the strength of Tamil Nadu’s policy frameworks and reforms. From industrial growth to infrastructure development, the state has been firing on all cylinders. The leadership sees this as clear validation that their long-term economic vision is on track.
For investors and businesses, this growth signals immense potential. Tamil Nadu has consistently been a preferred destination for manufacturing and technology investments. With such robust growth, the state is likely to attract even more attention in the coming years.
The road to $1 trillion is long, but Tamil Nadu has taken a giant leap forward. As Stalin put it, “Those who plan with clarity achieve their goal if they act with determination.” The state’s latest figures prove just that.
Looking ahead, all eyes will be on how Tamil Nadu sustains this momentum. If the current pace continues, the $1 trillion mark might not just be a target but a reality waiting to happen. For now, the state celebrates a well-earned victory and gears up for the next phase of growth.