Tag: trade in tamil nadu

The major exports of Tamil Nadu include:

India had trade through the sea routes in the pre-colonial period. Surat was the main port on the western coast, which connected India to the Persian Gulf and the Red Sea. On the Eastern coast, the main ports were Masulipatnam on the coromandel coast and Hoogly in Bengal. They had trade contacts with Southeast Asian ports.

At present, there are around 303 Agriculture Produce Marketing Centres (APMCs) distributed all over Tamil Nadu. The APMC is further classified into Primary and Secondary marketing centres and non-regulated marketing centres.

Major imports of Tamil Nadu include:

Roadways and railways play an important role in the internal trade. In this type of trade, the national currency is involved to carry on the trade.

The primitive method of trade was known as the barter system where goods were exchanged for goods.

In internal trade, the national currency is used to carry on the trade.

Trade may be defined as "an exchange of goods and commodities either within the country or between countries." In simple terms, buying and selling of commodities is called trade and it may be local, regional, national and international.

Ports and harbours play an important role in international trade.

• Coimbatore is the 2nd largest city in Tamil Nadu, with more than 30,000 small, medium, large and tiny Industries and Textile Mills. 
  
• Due to the industrial activity Coimbatore is known as Manchester of South India. The city is also known for its handloom products.