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Economy of Tamil Nadu

Economy of Tamil Nadu

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Tamil Nadu has the second-largest economy of any state in India. The state is also the most industrialised in the country. The state is 48.40% urbanised, accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census. Services contribute to 54% of the gross domestic product of the state, followed by manufacturing at 33% and agriculture at 13%. Government is the major investor in the state, with 52% of total investments, followed by private Indian investors at 29.9% and foreign private investors at 14.9%. It has been ranked as the most economically free state in India by the Economic Freedom Rankings for the States of India.

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