• Thursday, April 25, 2024

Business

Tamil Nadu to become largest IT hub in Asia soon, says state CM Stalin at Umagine Chennai 2023

Tamil Nadu chief minister MK Stalin (Photo by ARUN SANKAR/AFP via Getty Images)

By: Shubham Ghosh

MK Stalin, the chief minister of the southern Indian state of Tamil Nadu, on Thursday (24) said the state would become the largest information technology (IT) hub in Asia soon.

The leader of the ruling Dravida Munnetra Kazagham said Tamil Nadu was already making a contribution of more than 10 per cent to India’s IT sector. He said in a video message at the three-day Umagine Chennai 2023 event in state capital Chennai that his government was eyeing to set up Tamil Nadu Tech City in the cities of Chennai, Coimbatore and Hosur.

Stalin inaugurated the event at Chennai Trade Centre.

“We have one tech city coming up on 150 acres in the IT corridor of Chennai, the second on 500 acres in Hosur and the third in Coimbatore. We are identifying the land in Coimbatore. An announcement will be made shortly,” The Hindu news website quoted state minister for information technology and digital services T Mano Thangaraj as saying.

Speaking about the Global Capability Centres (GCC) in Tamil Nadu, Suchitra K Ella, immediate past chairperson of CII (Confederation of Indian Industry) Southern Region and co-founder  and managing director of Bharat Biotech International Ltd, was quoted as saying, “Tamil Nadu has around 150 GCCs and Chennai has a 10 per cent market share with the potential to reach 12-15 per cent by 2025. Chennai has positioned itself to be the ideal destination for global companies looking to set up their capability centres.”

She added that the state government should impart schools in schools and colleges and artificial intelligence and machine learning to enable students passing out from colleges fully employable.

Stephen Dawson, minister for innovation and the digital economy, Western Australia, said the collaboration between the Australian province and India showed in the recent memorandum of understanding between Curtin University, the Tamil Nadu Technology Hub (iTNT) and the Western Australia Data Science Hub, The Hindu report added.

“The aim of the MOU is to generate mutually beneficial defined collaboration for the development of common goals for ecosystems in Tamil Nadu and Western Australia,” he was quoted as saying by the news outlet, adding, “As the world seeks to de-carbonise, Western Australia is uniquely placed to work with partners, including in India, on this transition.

“Renowned for our mining sector, we have an abundance of all the minerals needed to create a rechargeable battery. We are blessed with consistent and low-cost renewable energy for producing green hydrogen at scale, and our industries are leading the way to position the State at the forefront of a clean, diverse, inclusive and responsible global economy.”

Umagine Chennai 2023, a summit on technology on innovation, will conclude on Saturday (25).

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