Around 25 start-ups have shown interest to sign MoUs with CoEs, says CM Stalin

Chennai, Apr 17 (KNN) The Tamil Nadu chief minister M K Stalin on Sunday informed that around 25 start-ups have shown interest to ink MoUs with state’s Centres of Excellence.

Stalin had inaugurated the three Centres of Excellence-Tamil Nadu Smart and Advanced Manufacturing Centre (TANSAM), Tamil Nadu Centre of Excellence for Advanced Manufacturing (TANCAM) and Tamil Nadu Advance Manufacturing Centre of Excellence (TAMCOE) in 2022.

These specialised institutions offer start-ups with the knowledge about how to accelerate their design, prototyping and development testing.

At an event held recently, nearly 250 chief executive officers (CEOs) representing companies engaged in various sectors including advanced manufacturing, robotics, e-commerce, aerospace and defence, agricultural technology took part.

The startups under the state government's 'Olir' (shine) initiative would be able to grow faster by utilising the state-of-the-art multi-sector Industry 4.0 Centres of Excellence at 'optimal costs, according to a report in the Business Standard.

Additional chief secretary, Industries department, S Krishnan said the intra-connect within government departments and the inter-connect with private sector has been improving with initiatives like 'Olir' expected to carry forward this momentum resulting in better outcomes for all stakeholders.

TIDCO managing director Jayashree Muralidharan stressed the importance of startups to sustain the industrial leadership position of Tamil Nadu.  (KNN Bureau)