Industries coming up due to Infra, manpower availability in TN

CHENNAI: Chief Minister M K Stalin on Thursday said that the availability of infrastructure and human resource was the reason for the establishment of new industries in Tamil Nadu.

Speaking at the inauguration of Industry 4.0 technical centres established at 22 Government ITIs in the State at a cost of Rs 762.30 crore in partnership with Tata Technologies Ltd, Stalin said that between January 2022 and May 2023, about 110 MoUs were signed and investment worth Rs 2.03 lakh crore realised by the State through Guidance Tamil Nadu. About 1, 96,596 jobs were generated through the MoUs. Availability of infrastructure and human resources in the State were the reason for the establishment of the new industries in Tamil Nadu, he added.

“Whoever agrees or not, whoever hides, Tamil Nadu is marching forward majestically as the leading state in all sectors,” Stalin remarked, taking another veiled jibe at Governor R N Ravi who was highly critical of the infra and employability of the State youths. Citing a recent annual report on industries, which showed Tamil Nadu as housing the maximum number of industries, emerging sectors and workers in the country, the CM said that the investments would contribute a great deal to the socioeconomic development of the state.

Reiterating that the number of registered industries in Tamil Nadu has increased from 4.79 lakh in 2021-22 fiscal to 7.33 lakh industries in 2022-23 fiscal, the CM wondered, “What does the establishment of new industries convey? It means the required infrastructure and situation is available in Tamil Nadu. And Tamil Nadu is a peaceful State.”

Remarking that his dream “Naan Muthalvan” scheme would meet the manpower requirement of future industries, the CM said that the state government was engaged in the development of 71 government ITIs as Technological Centres at a cost of Rs 2,877 crore to make the Tamil Nadu youths employable in tune with the changing technologies.

Describing the pact with Tata to develop Government in ITIs as a historic event in the development of ITIs in the state, Stalin said that an additional 5,140 students would be admitted in the government ITIs in the state each year due to the initiative launched Thursday. Each year, 10,040 students would be trained in Industry 4.0 standard emerging sectors and secure students' jobs in leading domestic and international firms. This would be a milestone in the government’s efforts to achieve the target of making the state a US $ one trillion economy by 2030, he added.