Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: Coimbatore to Get 2 Million Sq Ft AI IT Hub Through PPP Initiative
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Search
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
TN to develop 2 million sq ft IT hub in Coimbatore under PPP for Artificial Intelligence
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Nation > Coimbatore to Get 2 Million Sq Ft AI IT Hub Through PPP Initiative
Nation

Coimbatore to Get 2 Million Sq Ft AI IT Hub Through PPP Initiative

January 9, 2025 4 Min Read
Share
SHARE

The Tamil Nadu government is set to develop a 2 million sq ft IT infrastructure in Coimbatore through a Public-Private Partnership, focusing on Artificial Intelligence (AI) as a key sector, announced Chief Minister MK Stalin during the opening address of the two-day Umagine TN 2025 IT Summit on Thursday.

Tamil Nadu has consistently been a leader in promoting the IT industry. The state administration is implementing initiatives aimed at harnessing emerging technologies such as AI, blockchain, IoT, and electric vehicles. Since the current government took office, there has been a notable rise in the number of Global Capability Centers. However, CM Stalin emphasized that despite these efforts, more progress is necessary. “Tamil Nadu should continue advancing. We consistently strive to be a step ahead in fostering business growth and entrepreneurship,” he stated.

He stressed that development shouldn’t be limited to the capital city; true progress must be inclusive and widespread. Thus, the Tamil Nadu government is focused on creating job opportunities for the youth in not just Chennai but other growing urban areas as well.

Reflecting on the past, CM Stalin pointed out that former Chief Minister M. Karunanidhi initiated the Tidel Park in Chennai in 1999. Now, the government is progressing to the next phase by establishing technology parks through ELCOT in tier-II and tier-III cities such as Coimbatore, Salem, Madurai, Trichy, Hosur, Tirunelveli, Vellore, Villupuram, and Thoothukudi.

In today’s digital era, the Chief Minister noted that digital services must be user-friendly and accessible to everyone, while also ensuring robust security to combat digital crimes. He emphasized that technologies should be developed and reinforced to address these challenges.

State IT Minister Palanivel Thiaga Rajan remarked that Chief Minister Stalin aspires for Tamil Nadu to become the premier source of human resources globally. He highlighted the success of the government’s Naan Mudhalvan initiative, which has significantly benefited countless students.

Rajan proudly pointed out that Tamil Nadu is unmatched in producing a vast number of professionals in the technology sector, contributing about 20% of India’s engineering and technology workforce. Furthermore, Tamil Nadu leads the nation in patent filings, with approximately 75% of patents in deep tech and innovation registered in Chennai.

“Unlike other prominent technology hubs such as Mumbai, Bengaluru, Pune, Delhi, or Gurgaon, we take pride in the fact that over 85% of technology professionals working in Tamil Nadu are of Tamil origin. This indicates our capability to generate substantial human capital that supports our own industries. A considerable section of the technology talent in cities like Bengaluru, Hyderabad, NCR, and Pune also has Tamil roots,” Rajan stated.

Vijayakumar, CEO of HCL Tech, noted that Tamil Nadu serves as a crucial location for the company, highlighting their extensive operations in Chennai and Madurai. Out of their global workforce of 220,000, around 160,000 are in India, with over a third based in Tamil Nadu, many of whom were born and educated in the state.

“I believe Tamil Nadu has accomplished this admirably. It is a multifaceted hub for various industries, a vital center for IT, a manufacturing base, and offers a strong foundation for both IT and financial services in addition to a thriving agricultural and horticultural sector,” he concluded.

TAGGED:National NewsNews
Share This Article
Twitter Copy Link
Previous Article The responsible roadmap to democratising AI A Thoughtful Pathway to Equitable AI Access for All
Next Article Tata Motors Group reports modest growth in Q3 global wholesales  Tata Motors Group sees slight growth in Q3 global sales
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Kerala: Chhattisgarh migrant worker lynched after being labelled thief and asked “are you Bangladeshi?”

Kerala Leaders Denounce BJP’s Hate Politics After Arrests in Dalit Worker Lynching

December 22, 2025
Brendon McCullum states his future with Test cricket team not in his hands after Ashes horror

Brendon McCullum Reflects on Uncertain Future with Test Team Post-Ashes Struggles

December 22, 2025
Athar Hussain’s horrific ‘killing’ third reported case of lynching this year in Bihar’s Nawada

Athar Hussain’s horrific ‘killing’ third reported case of lynching this year in Bihar’s Nawada make unique title from original. The maximum number of words is 16.

December 22, 2025
ILM moment: Erosion of right to religious expression of Muslims in India

Navigating the Muslim Political Landscape: Conscience vs. Power in Contemporary Challenges

December 22, 2025
2025 in Gaza: 12 months, 12 pictures

2025 in Gaza: A Year Captured in 12 Striking Images

December 22, 2025
Shubman Gill, Abhishek, Arshdeep picked in Punjab's squad for Vijay Hazare Trophy, no captain named

Shubman Gill, Abhishek, Arshdeep in Punjab’s Vijay Hazare Trophy Squad, Captain Yet to Be Named

December 22, 2025

You Might Also Like

Excelsoft Technologies IPO sees stellar demand, subscribed 23.45x so far on final day, Sudeep Pharma IPO nears full subscription on Day 1
Economy

Prudential Launches $300 Million Pre-IPO Share Sale in Indian Venture

2 Min Read
Rice prices plunge to 2-year lows in global market on slack demand
Economy

Global Rice Prices Hit 2-Year Low Amid Slow Demand.

3 Min Read
Broker’s call: TCI Express (Neutral)
Economy

TCI Express: Broker Suggests Neutral Rating

2 Min Read
InGovern wants investors to vote against Saluja’s reappointment at Religare AGM
Economy

InGovern calls for vote against Saluja at Religare AGM

3 Min Read
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek

Welcome to IndiaNewsWeek, your reliable source for all the essential news and insights from across the nation. Our mission is to provide timely and accurate news that reflects the diverse perspectives and voices within India.

  • Home
  • Nation News
  • Economy News
  • Politics News
  • Sports News
  • Technology
  • Entertainment
  • International
  • Auto News
  • Bookmarks
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

© 2024 All Rights Reserved | Powered by India News Week

Welcome Back!

Sign in to your account

Lost your password?