Minister for Information Technology and Digital Services Palanivel Thiaga Rajan inaugurated on Saturday the Tamil Nadu Technology (iTNT), Coimbatore regional hub.
The hub, located at the Government College of Technology, is the first regional centre of iTNT Hub in western Tamil Nadu and third in the State to support deep and emerging tech startups and researchers.
There is more monopolistic control by technology majors, be it platform providers or internet companies. It is starting to reach its limits, mainly for regulatory reasons. Historically, the big employers that used to recruits thousands of freshers are under pressure to employ AI engines and reduce the number of employees. All of this comes back to a phase of cycle where there should be a lot more startups, innovators, ideas, and MSMEs for solving problems felt daily in local communities.
The government efforts are to bring as many IPs (new ideas and innovations) together with resources to convert them into functional products by providing access to labs, resources, mentorship, and capital to nurture the ideas so that there are meaningful outcomes. The government has a big role to play in this. “We are striving to expand our network, facilities,” he said.
