Advertisement
Wednesday, Sep 22, 2021
Outlook.com
Outlook.com

Promoting IT sector to make TN as hub of South Asia: Govt

Promoting IT sector to make TN as hub of South Asia: Govt
outlookindia.com
1970-01-01T05:30:00+0530
Chennai, Sep 15 (PTI): Tamil Nadu was actively promoting

the Information Technology sector with the objective of making

it an Information and Communication Technology hub of South

Asia, state minister R B Udhayakumar said here on Tuesday.

The state was creating an ecosystem thereby leveraging

entrepreneurship and was promoting a socially inclusive growth

to achieve 25 per cent share in the domestic ICT industry, the

minister for revenue and disaster management and information

technology said at the 19th edition of Connect 2020 organised

by CII Tamil Nadu.

Listing out some investments received in the ICT sector,

he said during the second edition of Global Investors Meet in

January 2019, the state signed Memorandum of Understandings

with various companies worth Rs 11,974 crore in the IT sector.

"The Government ofTamil Nadu is activelypromoting

Information Technologyin the State with the objective of

becoming the ICT hub of South Asia by creating a knowledge

driven ecosystem," he said.

Software exports in Tamil Nadu increased by nearly 12 per

cent to Rs 1. 39 lakh crore in 2019-20 as against Rs 1.23 lakh

crore recorded the previous year, he said.

The Minister said the government was investing around Rs

500 crore to set up high speed internet facilities across the

state under the TamilNet project.

The rural broadband project-Bharatnet was being

implemented at an investment of Rs 1,815 crore through which

12,524 villages would be connected through optical fibre

network, he said.

Udhayakumar said Chief Minister K Palaniswami unveiled an

electronic hardware manufacturing policy on September 7 with

an objective to increase the electronics industry output in

the state to USD 100 billion by 2025.

The policy would undertake skill training for more than

one lakh people by 2024 to meet the incremental human resource

requirement projected by the National Skill Development

Corporation in the electronics and hardware sector, he said.

The minister urged captains of industry to take

advantage of the policy initiatives by the government in order

to set up new IT industries in emerging technologies like

Artificial Intelligence and blockchain, thereby increasing

employment opportunities in the state.

The Special Economic Zones established by the Electronics

Corporation of Tamil Nadu (ELCOT) have contributed Rs 21,700

crore of exports in the IT sector and created 94,000 jobs, he

said. PTI VIJ APR

RAVINDRANATH

APR

RAVINDRANATH


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

More from Website

Earthquake With Magnitude-6.5 Recorded Off Nicaragua Coast

Earthquake With Magnitude-6.5 Recorded Off Nicaragua Coast

No tsunami warning was issued and there were no immediate reports of damage.

Will Shehnaaz Gill Resume Work This Week After Sidharth Shukla's Death?

Will Shehnaaz Gill Resume Work This Week After Sidharth Shukla's Death?

Actress Shehnaaz Gill is still recovering from the sudden demise of her rumoured boyfriend Sidharth Shukla. Amidst that, will she be able to allot dates for a pending song shoot for 'Honsla Rakh' opposite actor Diljit Dosanjh in London?

How Fixed Deposits Give A Negative Rate Of Return

How Fixed Deposits Give A Negative Rate Of Return

Rising inflation and tax can take a huge bite out of your investment

More from Outlook Magazine

Crouching Tigers

Crouching Tigers

Ghee Bowman brings to light the forgotten story of an Indian force’s role in the Battle of France and their fighting withdrawal through Dunkirk. In this excerpt, individual units arrive in northern France and take their positions, awaiting the Wehrmacht onslaught.

Outlook-ICARE India’s Top Universities Rankings 2021: Top 21 Private Medical Universities

Outlook-ICARE India’s Top Universities Rankings 2021: Top 21 Private Medical Universities

Outlook's annual ranking of India’s top 21 Private Medical Universities in 2021 will help students make an informed choice.

Outlook-ICARE India’s Top Universities Rankings 2021: Top 15 Government Medical Universities

Outlook-ICARE India’s Top Universities Rankings 2021: Top 15 Government Medical Universities

Outlook's annual ranking of India’s top 15 Government Medical Universities in 2021 will help students make an informed choice.

Advertisement

Outlook Newsletters

Advertisement