Frost & Sullivan lauded the State Government’s efforts toward economic progress and presented the award to Honorable Chief Minister of Tamil Nadu, Thiru. Edappadi K. Palaniswami
Chennai, Tamil Nadu, India
Aroop Zutshi, Global President & Managing Partner, Frost & Sullivan, presented the "Growth, Innovation & Leadership Award for Economic Development in India" to honorable Tamil Nadu Chief Minister, Thiru. Edappadi K. Palaniswami to acknowledge Tamil Nadu's second position in Frost & Sullivan's “Growth, Innovation & Leadership Index for Economic Development in India”, third time in succession.
Tamil Nadu was positioned second for the third successive year in the “Growth, Innovation and Leadership (GIL) Index for Economic Development in India”, a data-propelled framework developed by Frost & Sullivan. The recognition was presented to the honorable Chief Minister of Tamil Nadu, Thiru. Edappadi K. Palaniswami, to mark the State Government’s laudable effort in developing an enabling ecosystem for investment and propelling sustainable expansion in the State. The award was presented by Aroop Zutshi, Global President & Managing Partner, Frost & Sullivan, at the Investment and Skill Development Conclave held in Chennai.
Frost & Sullivan released the third version of its GIL Index for Economic Development in India, for 2019. This year, Maharashtra, Karnataka, Gujarat, and Andhra Pradesh, along with Tamil Nadu, were named the leading 5 states in total economic progress in the nation. Tamil Nadu’s top position was a result of its scores across all 10 pillars of Elaborating on the index, Aroop Zutshi revealed, “The GIL framework not only gives us an overarching unique ranking, but it also encapsulates 100 different dimensions, which can be easily sliced and diced to uniquely identify state-specific growth pockets and investment opportunities.” This yearly index developed by Frost & Sullivan basically assesses India’s 30 states and union territories on 100 indicators across parameters for example economic affluence and infrastructure progress, utilizing an indexing technique to facilitate state-wise contrasts. The study involved the collection of data for 100 indicators across 10 pillars. The multiplicity indicators made certain that states were reviewed utilizing a multidimensional approach as opposed to a one-sided approach. An indexing technique was then utilized to obtain the rankings. The 10 Pillars of Economic Development were:
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By ANJISHNU BISWAS
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