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The new look- 4s Verna Chola MS launches motor app Curbing steel imports will hurt small business... Chennai will soon get its World Trade Centre An American alliance in the chemical industry? Veritas Finance- financing the unfinanced SumInfra- corridor based development... Changing dynamics in human resource management OBO Bettermann for better lightning protection Auto test tracks launched at GARC Oragadam campus Business Breif Inclusive and forward moving... Focus on self-certification and third party inspection Durga - India’s largest blast furnace; now operational Techies trip to India Indigo stays leader with 40 per cent share Strategy war escalates between Hero and Honda Economic, business and social sustainability Three more leather clusters… AirAsia India infuses funds to fight out competition Housing Innovation Challenge, 2015 Nigeria comes nearer Rating of states to be released soon Pharma market dozes Secured NCDs from Shriram City IFCI to raise NCDs upto Rs 2000 crore TVS Logistics – another acquisition to sharpen the business model Reality bytes TOP 10 CEO Compensation Backpack laboratory On the ‘milky’ way European crisis is a global crisis! Celebration time at MS Chola Gem of social service... Creating Tamil Nadu Banana brand Apple maps – finding its way World labour laws at a glance Nothing to hide... Waste, a gold mine BRICS development bank ISRO's 100th mission Carrefour’s quick exit Big-ticket investments march towards Punjab Flexible labour laws… Applauding enterprise... Time to fast-pace the logistics sector Sun Edison launches solar pumps Murugappa- a year of consolidation Indian Bank – global businesses crosses Rs 3 lakh crore... Hero Motocorp - smooth ride Dynamic e-commerce scenario Digital retail transactions stabilise at higher level… Realising double digit growth in Tamil Nadu Industry-well poised to invest on expansion CUB: towards card-less withdrawal ECGC expands operations Downsizing spree... Ridley marathon to India Chola MS net crosses 100 crores Schwing Stetter India joins hands with US-based Gomaco ALL to launch electric busses Chennai Port is at last decongested! Automotive Vision Plan II... Scoot offers just Rs.13,500 to ANZ... More gensets and diesel engines from TAFE LVB gears to become a financial supermarket TII-challenging year with flat growth Illicit markets a concern to growing economy Need to focus on ease of doing business... TiE applauds innovative entrepreneurs When Centre visits the state WABCO’s second Chennai plant Striking cords for 25 years… Economic issues take a back seat at G20 summit Business Briefs Climate change may change the way businesses work... TN budget pragmatic and moderate on fiscal deficit Adding Zest to Scooty Investor friendly Japan Four daughters and a proud father Is Indian telecom industry heading for a monopoly? ALL – truck industry is recovering from degrowth Well-refined – RIL’s refinery margins zoom Tata Steel commence operations at Kalinganagar STFC raises money Realty sector takes a break... Placing the right shoe forward... ALL-two launches in a row Hyundai excites again A global plastic event in India Towards peace of mind Holiday Inn opens in OMR Chennai People Flow Day- Safety Brand leaders come forward... Connecting the unconnected Airlines wage price war - Smart controls for cooling large multi-zone spaces ... Purdue and IIT-M sign the dotted line Research needs more funding Steel loses its sheen An aerospace-defence cluster in Tamil Nadu… Innovation that helped Chennai port Chennai to get a roundabout Metro Blue Star plans a new plant in south TCS’ revenues cross Rs 100,000 crore Celebrating 180 years of relevance Make way for the new and dynamic railways Bridging the skill deficit in pharma industry TII’s single largest investment at Thiruthani
 
Rating of states to be released soon

Though Tamil Nadu lacks in natural resources, its manufacturing sector is quite strong. With problems of power, increasing land and labour costs, the state had missed its competitive edge.

Madras Chamber of Commerce and Industry along with Athena Infonomics have done a detailed study interacting with industries on several operational issues that affected businesses. Major concerns of the industry include the Factories and Contract Labour Acts and the various issues related to tax assessment. “The report is prepared with inputs from industries in the automobile, textile, chemicals and leather and pharma,” said Deepa Karthykeyan, director, Athena Infonomics.

Arun Maira, member, Planning Commission, unveiling the report suggested that the chambers should bring together all stakeholders on a common platform and discuss finding a solution to issues rather than requesting for new laws.

Planning Commission, with the help of some consulting firms, are preparing a detailed report on the ease of doing business in each state in India. “Based on the survey report the states are mapped on a spider diagram. This will help a state to assess its position with respect to various parameters and will point to things that they need to improve,” said Maira. The rating is to be done every year and it will help assess which state has taken steps to improve itself in comparison to the previous year.

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