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Tamil Nadu Posts 11.19% Real GSDP Growth as Only State to Hit Double-Digit Rise in 2024–25

Robust secondary and tertiary sector growth under recent policy reforms has accelerated its push toward a US$1 trillion economy by 2030

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MK Stalin.
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Overview

  • The Union Ministry of Statistics and Programme Implementation revised Tamil Nadu’s 2024–25 real GSDP growth to 11.19%, up from advance estimates of 9.69%.
  • Tamil Nadu stood alone among Indian states with double-digit economic growth in 2024–25, exceeding its budget forecast by over two percentage points.
  • The ministry also upgraded the state’s 2023–24 growth from 8.23% to 9.26%, reflecting stronger-than-expected performance.
  • Experts attribute the surge to robust gains in secondary and tertiary sectors, supported by targeted policy reforms and investment inflows.
  • The state’s per capita NSDP climbed to ₹3,61,619, ranking third among major states and reinforcing confidence in its US$1 trillion economy target by 2030–32.