Tamil Nadu News

Economic growth of TN 2025

December 19 , 2025 15 hrs 0 min 34 0

Tamil Nadu’s Gross State Domestic Product (GSDP) at current prices increased from ₹26.88 lakh crore in 2023-24 to ₹31.19 lakh crore in 2024-25.
Thus, it is registering a growth of 16%.
The State has recorded double-digit growth at current prices over the past four years, with the manufacturing sector playing a crucial role.
Over the same period, Tamil Nadu’s manufacturing GSDP increased by ₹1.46 lakh crore.
The State has nearly 40,121 factories providing employment to about 24.75 lakh people.
The construction sector has also made a significant contribution to growth, recording close to 11% growth in 2024-25.
The services sector accounts for nearly 53% of the State’s Gross Value Addition.
It registered a real growth of 11.3% in 2024-25.
The fiscal deficit is projected at 3% of GSDP in 2025-26, while the debt-to-GSDP ratio has declined from 27% in 2021-22 to 26% in 2024-25.