Tamil Nadu can become an innovation and R&D hub: FICCI President..

 


CHENNAI, 29 April 2023: Tamil Nadu Chief Minister Mr M K Stalin today graced the FICCI National Executive Committee Meeting along with Minister for Information Technology and Digital Services Mr T Mano Thangaraj and Minister for Micro, Small and Medium Enterprises (MSME) Mr T M Anbarasan.

The Chief Minister also released ‘FICCI-Deloitte Knowledge Paper on Accelerating Tamil Nadu's Progress to Becoming One-Trillion Dollar Economy by 2030-31’.

Addressing the meeting, Mr T Mano Thangaraj, Minister for Information Technology and Digital Services, Govt of Tamil Nadu, spoke on the developments in the area of information and technology in the state, with policies and programs aimed at making of the brand Tamil Nadu.

The Minister said that Tamil Nadu is pioneer in areas relating to education, technology, infrastructure and the state government is making all efforts to meet the challenges at the global level. The IT department is focusing on research and development with the creation of well-equipped labs in the state. He further added that the Government of Tamil Nadu would be happy to collaborate with FICCI in various programs of the state.

Mr Subhrakant Panda, President, FICCI said that it is remarkable that Tamil Nadu has 15 per cent of PhDs and 11 per cent of postgraduates in the country. The state can truly become an innovation and R&D hub. There is also a lot of scope in chemicals and specialty chemicals in addition to traditional strengths like auto and textiles, he added while assuring the Chief Minister Mr Stalin of all support to accelerate the State’s journey to becoming a one trillion-dollar economy.

Dr Sangita Reddy, Past President, FICCI and Chair of G20 Empower stressed on ways to make women get their due recognition in all spheres of development. She added that the G20 Empower framework would make gender-based reporting on women for their best practices and their global showcasing in all possible ways.

Dr Anish Shah, Senior Vice President, FICCI, said that Tamil Nadu with its talented pool could emerge as the best proposition towards making the state realise the vision of becoming a one-trillion-dollar economy with all types of developments across multiple industries. He added that FICCI would work with the State government in achieving the goals.

Mr Harsha Vardhan Agarwal, Vice President, FICCI, stressed for focusing on real estate, IT, infrastructure and other key areas for the development of the state.

Mr G S K Velu, Chairman, FICCI Tamil Nadu State Council, spoke on the achievements of Tamil Nadu in various fields and on the state becoming an investment destination by all reckoning.

Mr Shailesh K Pathak, Secretary General, FICCI, said that Tamil Nadu has all the resources and talent pool to achieve the progress in all spheres and was confident that the state would make further contributions in India's growth in the days ahead. He further added that the private sector can help the state to leverage digital growth and e-commerce.

The FICCI-Deloitte Knowledge Paper, released on the occasion identifies three strategic focus areas where Tamil Nadu can leverage its current strengths and competitive advantages to effectively grow its economy. While this is not exhaustive, these key areas are likely to have the greatest impact in boosting the economy towards the one trillion mark, the report stated while identifying the areas as:

Made in Tamil Nadu: Strengthening and Diversifying the manufacturing base of Tamil Nadu

Brand TN: Export Diversification and Tourism

Led by TN: Empowering Tamil Nadu to be the leader in emerging technologies, and sustainable practices


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