TN govt will give more incentives for establishing industries in B&C category districts: Minister


TN govt will give more incentives for establishing industries in B&C category districts: Minister

CHENNAI: The state govt is in negotiations with industries to bring more investments and companies to south Tamil Nadu, industries minister TRB Rajaa said on Saturday.
Speaking to reporters after the 80th-year celebrations of Alagappa College of Technology in Anna University here, the minister said, “It will ensure distributed growth, and people can get jobs near their areas, and companies can also get cheap labour.”
Rajaa said Sriperumbudur is attracting many industries. “The chief minister wants distributed growth across the state. Those who want to establish industries in A category districts will receive fewer incentives. Those who want to establish industries in B and C category districts will receive more incentives. There will be big announcements in the coming days,” he added.
Earlier, speaking at the function, Rajaa said studying in institutions like AC Tech offers students a springboard to start their careers. “Institutions should focus on research and product development. There is a fear of failure among students and scholars. We need to give them a net in case they fail. If we offer that, Tamil Nadu will be a global leader in research and development,” he added.
Highlighting the contributions of Tamil Nadu, he said 43% of women working in organised sectors in the country are from the state. “Up to 40% of auto parts that are manufactured in India are manufactured in Tamil Nadu. It is also an electronic superpower contributing 35% of exports in electronics,” Rajaa added.
Highlighting the achievements of Alagappa College of Technology, department of science and technology former secretary T Ramasami said AC Tech is now contemplating establishing a centre for sustainability science. He urged the state govt to name it after M S Swaminathan.
Alumni associations from different batches donated endowments to establish scholarships.
Higher education secretary K Gopal, Alagappa College of Technology dean S Meenakshisundaram and others spoke at the event.




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