Tamil Nadu E-vehicle policy 2019: Vehicle population in Tamil Nadu

 Tamil Nadu E-vehicle policy 2019: Vehicle population in Tamil Nadu

Tamil Nadu is one of the most advanced states in India. It is one of Asia's most preferred investor destinations. It is the country's second-largest state economy, contributing to 8.4% of India's GDP. It is also an industrial powerhouse of the nation with a solid and diverse industrial base. Tamil Nadu has a highly developed industrial eco-system and is very strong in sectors like automobiles and auto-components, textiles, leather products, light and heavy engineering, pumps and motors, electronic software and hardware. Many globally renowned companies have set up their manufacturing facilities in Tamil Nadu. The State Government, in its mission to further enhance the position of Tamil Nadu as the most preferred state for manufacturing, with a reputation for efficiency and completeness, is guided by the objective of having environmentally sustainable growth in consonance with the Sustainable Development Goals framework of the United Nations.

Sustained economic development and expanding road network have led to rapid increase in the number of motorized vehicles in Tamil Nadu. The total number of registered motor vehicles in Tamil Nadu has increased from about 3.21 lakhs in 1981 to over 2.77 crores (27.7 million) in 2019; recording a compounded annual growth rate (CAGR) of 12.4%. As on 31.03.2019, there were 12.7 lakh (1.27 million) transport vehicles and 2.64 crore (26.4 million) non-transport vehicles plying in the State. As of 31.07.2019, Tamil Nadu accounts for 6.4% electric vehicles sold in India


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