History of Chennai he funded new Indian enterprises and broke into the previously closed ranks of the British financial system. The bank still has its corporate headquarters in the city. During World War I, Madras (Chennai) was shelled by the German light cruiser SMS "Emden", resulting in 5 civilian deaths and 26 wounded. The crew of a merchant ship also destroyed by the Germans that night. After India became independent in 1947, the city became the administrative and legislative capital of Madras State which was renamed as Tamil Nadu in 1968. During the reorganisation of states in India on linguistic lines, in 1953,
Economy of Tamil Nadu of the Government of Tamil Nadu with figures in millions of Indian Rupees. See also and . Non-tax revenues of local bodies are excluded. Amount in millions Economy of Tamil Nadu Tamil Nadu has the second-largest economy in India. Over 50% of the state is urbanized, accounting for 9.6% of the urban population in the country, while only comprising 6% of India's total population. Services contributes to 45% of the economic activity in the state, followed by manufacturing at 34% and agriculture at 21%. Government is the major investor in the state, with 52% of total investments, followed by private