South India is emerging as a leader in sustainability and future mobility, with Tamil Nadu and Karnataka at the forefront of renewable energy initiatives and electric vehicle (EV) production, according to R. Mukundan, Vice President of the Confederation of Indian Industry (CII) and Managing Director & CEO of Tata Chemicals Ltd.
“Tamil Nadu and Karnataka are generating over 22 GW of wind and solar energy, with Tamil Nadu leading in the manufacturing of electric two-wheelers and auto components. This positions South India favorably for sustainable growth,” he stated during his address at the CII Mystic South Global Linkages Summit 2025.
Mukundan emphasized that sustainable industrialization is imperative. Investments in solar energy, green hydrogen, and other renewable sources will play a crucial role in the region’s progress. Furthermore, enhancing EV infrastructure and encouraging collaborations between industry and policy makers will be essential to improve the region’s competitiveness in sustainable technologies,” he elaborated.
Discussing South India’s financial and economic transformation, Mukundan highlighted the importance of smooth access to credit and robust fiscal policies in reaching the region’s ambitious goal of becoming a $10 trillion economy. “Strategic investments and industrial growth are vital for driving India’s economic momentum, along with fostering innovation and entrepreneurship. Public-private partnerships are also transforming development by enhancing efficiency in infrastructure, manufacturing, and renewable energy sectors,” he noted.
The region’s extensive coastline offers significant potential to establish itself as a vital hub for international trade. The global trade corridor runs through South India—strategically leveraging this could significantly accelerate economic growth. “With the longest coastline among global regions, South India has a geographical advantage in trade and economic development,” said R. Dinesh, Immediate Past President of CII and Executive Chairman of TVS Supply Chain Solutions Ltd.
“South India’s unique strengths in manufacturing, technology, and human capital provide it with a strategic edge. Its natural maritime advantages position it as a key player in international trade and economic growth,” he added.
R. Nandini, Chairperson of the Southern Region at CII and Managing Director of Chandra Textiles, further elaborated on the region’s economic viability. “South India contributes 31% of India’s GDP and attracts 40% of the country’s foreign direct investment (FDI) inflows. With a highly skilled workforce exceeding 150 million and impressive literacy rates, it is well-equipped to lead in knowledge-driven sectors like education and human capital development,” she stated.
A report titled ‘2047 Southern Odyssey: Powering Ahead to a $10 Trillion Economy’ was released at the summit, outlining a strategic plan for South India’s economic aspirations.
