Tamil Nadu of India". Major global automobile companies including BMW, Ford, Robert Bosch, Renault-Nissan, Caterpillar, Hyundai, Mitsubishi Motors, and Michelin as well as Indian automobile majors like Mahindra & Mahindra, Ashok Leyland, Hindustan Motors, TVS Motors, Irizar-TVS, Royal Enfield, MRF, Apollo Tyres, TAFE Tractors, DaimlerChrysler AG Company also invested () 4 billion for establishing new plant in Tamil Nadu. Tamil Nadu is one of the highly industrialised states in India. Over 11% of the "S&P CNX 500" conglomerates have corporate offices in Tamil Nadu. Many heavy engineering and manufacturing companies are located in and around the suburbs of Chennai. Bharat Heavy Electricals,
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