Chennai, May 1 (KNN) Tamil Nadu has 15 per cent of PhDs and 11 per cent of postgraduates in the country and has truly become an innovation and R&D hub, said Subhrakant Panda, President, FICCI.

“There is also a lot of scope in chemicals and speciality chemicals in addition to traditional strengths like auto and textiles,” he added while assuring Chief Minister Stalin of all support to accelerate the State’s journey to becoming a one trillion-dollar economy.

He was speaking at the FICCI National Executive Committee Meeting in Chennai.

Tamil Nadu Minister for Information Technology and Digital Services T Mano Thangaraj has said that Tamil Nadu is a pioneer in areas relating to education, technology, infrastructure and the state government is making all efforts to meet the challenges at the global level.

He said the IT department was focusing on research and development with the creation of well-equipped labs in the state.

He added that the Government of Tamil Nadu would be happy to collaborate with FICCI in various programmes of the state, according to a statement released on Saturday evening.

Tamil Nadu Chief Minister M K Stalin was present on the occasion and also released ‘FICCI-Deloitte Knowledge Paper on Accelerating Tamil Nadu’s Progress to Becoming One-Trillion Dollar Economy by 2030-31’.

Minister for Micro, Small and Medium Enterprises (MSME) T. M. Anbarasan was also present.  (KNN Bureau)