"Tamil Nadu's automotive industry that accounts for 25 per cent share of the Indian automotive industry at present need to target a 30-35 per cent share by 2015 that would even translate into $ 18-20 billion in net output terms.

"Exports of automotive components will now be for about $ 6-7 billion and the domestic sales components and totally built units (CBUs) at $ 5 billion. Exports of CBUs and engineering design services can even give around $ 1.5-2 billion to the total output by 2015," said Shaktikanta Das, Industries Secretary, and Government of Tamil Nadu.