TN emerging as major force in attracting investments:Stalin

Chennai: Tamilnadu Chief Minister M K Stalin has said that the State was emerging as a major force in attracting investments across all sectors thanks to a strong ecosystem in the field of information technology.

Efforts are on to make Tamilnadu retain No.1 position in the field of Information Technology.

In his address, after inaugurating the 20th edition of CII Connect-2021, an International Conference and Exhibition on ICT organised by the Confederation of Indian Industry (CII) in partnership with the State government, Elcot and STPI on the theme ‘Building a Sustainable Deep ‘T’ech‘N’ology Ecosystem’ here, he said most of the developments in Tamilnadu and particularly in the area of IT happened during the time of the late Chief Minister M Karunanidhi, who was instrumental in creating all the basic infrastructure.

In the manufacturing of electronic products, Tamilnadu enjoys a share of 16 per cent in the whole of India, he said, adding, Tamilnadu stands Number.2 in the production of optical fibre and electronic products and third in the
export of electronic items.

‘Today, the entire world is governed by e-mantra and no one can live without the use of the internet’, he said and added that technology has taken over all fields in life, including education, transport, engineering. medicine, banking, entertainment and defence, to name a few.

Stalin said the state government conducted the Tamil Net conference in 1999 and took efforts to take computers to schools.

He wanted CII to encourage entrepreneurs and startups through financials and other types of support so that jobs could be created for the unemployed youth in the State.


NT Bureau