Chennai, Feb. 16 -- Tamil Nadu was positioned well in achieving its goal of becoming USD 1 trillion economy by 2030 bysustaining the growth rate and a rise in the value of dollar against rupee, states the TN Economic Survey 2025-26.

The state will also contribute for India becoming a developed nation by 2047, the survey said.

According to the survey, if Tamil Nadu sustains its 2024-25 nominal growth rate of 16% and with an assumption of 2% (medium-term rate) rise in the value of dollar against rupee per annum in the medium term, it can achieve the trillion-dollar milestone by 2031.

"With 3.5% (short term rate of rise of dollar value), it may be delayed for a year," the survey said.

The World Bank's per capita income threshold for high i...