The aim of Vision 2023 is high and noble that it seeks to place Tamilnadu into the league of developed regions of the world and into the top of the league tables of Indian states. The strategy is to make an ambitious investment plan that could ensure provision of world class infrastructure. These infrastructures are expected to generate employment opportunities, economic growth and create huge positive externalities in the economy. This paper evaluates the strategy of Vision 2023 in the light of new trends in manufacturing policies that might seek the attention of our state government’s initiative beyond the infrastructure investments and reforming regulations.