As Tamil Nadu works towards its goal of becoming a USD 1 trillion economy by 2030, the state is entering a new phase of growth driven by a strong industrial base, a rapidly expanding services sector and rising domestic and global investment. This balanced economic structure is positioning Tamil Nadu as one of India’s most resilient and diversified growth engines. According to the FICCI–ANAROCK report Real Estate & Infrastructure Driving Growth in Tamil Nadu, released at the FICCI Real Estate & Infrastructure Summit & Awards in Chennai, the state has emerged as a major hub for Global Capability Centres (GCCs), with more than 250 centres already operational. Chennai alone accounts for around 10 per cent of India’s GCCs, while Coimbatore ranks among the leading Tier-II cities for GCC expansion. The report also highlights Tamil Nadu’s growing prominence in the data centre segment. Chennai and the Mumbai Metropolitan Region together account for over 70 per cent of India’s total data centre stock, with Coimbatore and Madurai emerging as new hubs. Tamil Nadu currently hosts 54 operational Special Economic Zones, the highest in the country, along with around 30 SIPCOT industrial parks, reinforcing its industrial depth. Bhupesh Nagarajan, Co-Chairman of the FICCI Tamil Nadu State Council and CMD of Indira Group of Companies, said infrastructure has been central to the state’s economic momentum. He noted that expanding airports, ports, industrial corridors, logistics parks, expressways and metro networks are strengthening internal and external connectivity. Projects such as the Parandur greenfield airport, Chennai Metro Phase II and major highway upgrades are expected to further establish Tamil Nadu as a key economic gateway. These infrastructure investments are reshaping the state’s economic geography by opening new business corridors and integrating remote regions with major growth centres. Chennai’s real estate market is mirroring this broader economic expansion, supported by strong end-user demand. Sanjay Chugh, Director and City Head for Chennai at ANAROCK Group, said that between 2021 and the first nine months of 2025, more than 83,100 new residential units were launched in Chennai, while around 85,200 units were sold. This near alignment between supply and absorption points to a well-balanced housing market. He added that mid-income housing priced between Rs 4 million and Rs 8 million dominates new supply, accounting for 43 per cent of launches during the period. Chennai’s commercial office and industrial and warehousing segments continue to show healthy activity, supported by sustained demand from technology firms, GCCs and emerging enterprises. Anuj Puri, Chairman of ANAROCK Group, said Tamil Nadu is gearing up on all fronts to contribute meaningfully to India’s ambition of becoming a trillion-dollar economy. He added that industrial diversification, infrastructure expansion and human capital development remain the state’s key strengths, while Tier-II cities such as Coimbatore, Madurai, Tiruchirappalli and Salem are gaining traction as emerging economic centres. The report also notes that Tamil Nadu is India’s most urbanised state, with an urbanisation rate of 48 per cent as per the latest census. The state attracted USD 3.68 billion in foreign direct investment in FY25 and a cumulative USD 17.29 billion between October 2019 and June 2025. It is India’s third-largest exporting state, with exports worth approximately USD 52 billion in FY25, and is widely regarded as the country’s electric vehicle capital, accounting for 70 per cent of India’s electric two-wheeler production.