🇮🇳 Karaikal is a town of the Indian Union Territory of Puducherry. Karaikal became a French Colony in 1674 and held control, with occasional interruption from the British and Dutch, until it was incorporated into the Republic of India.
Economy Most of the people in town are office and industrial workers. There are a number of iron and steel rolling mills, spinning mills, tiles, polythene, rubber and chemical industries in Karaikal. Other common sources of income come from business. The prominent source of income of this district is agriculture and fishing. Karaikal is a coastal town with a total coastline of 26 km (16 miles). There are 12 coastal villages with more than 25,000 actively employed in fishing, exporting and fishing related activities. The other main source is the liquor business, due to the tax being around 50% less when compared to the neighbouring state of Tamil Nadu. Karaikal is one of the towns in South India with high cost of living due to the presence of French Non-Resident Indians. Thousands of families of Karaikal origin live in France. The Oil and Natural Gas Corporation's Kaveri oil rig is at Karaikal.
Karaikal has a population of over 222,589 people.
To set up a UBI Lab for Karaikal see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork