Chennai, March 14 -- Tamil Nadu is expected to maintain a growth rate of above 8% in 2024-25 and to achieve the DMK government's aim of becoming a $1 trillion economy by 2030, the state will need to sustain an annual growth rate of over 12%, according to an economic survey for 2024-25, a first of its kind, released by the State Planning Commission on Thursday.

"Building on a strong foundation of inclusive policies, Tamil Nadu has demonstrated remarkable economic resilience, consistently achieving growth rates of 8% or more since 2021-22," the report said. "The state is expected to maintain a growth rate above 8% in 2024-25.As a major exporter of automobiles and auto components, textiles, and leather, the state's economy is responsive to ...