8 months ago
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Minister for Industries T.R.B. Rajaa told industries successful the State to absorption connected probe and improvement (R&D), which the State is precise keen on.
“I went to the Singapore University of Technology and Design. The manufacture determination is giving occupation statements to the students to solve, and besides paying them $6,000, and kids are playing with prototypes everywhere. That is what we privation to spot successful starring colleges similar Anna University,” helium said, addressing the 79th annual league of the Hindustan Chamber of Commerce (HCC).
“As a government, we are acceptable to get this done. I deliberation unlocking the minds of youngsters is cardinal to unlocking the imaginable of Tamil Nadu’s future. I impulse the industries to collaborate with the Government of Tamil Nadu,” helium added.
Speaking astatine the event, Vijay Sankar, Chairman, The Sanmar Group, and vice-president, Federation of Indian Chambers of Commerce and Industry (FICCI), said with the income taxation complaint cuts and GST 2.0 reforms, the anticipation was that greater walk would beryllium near successful the hands of the public. This would yet effect successful greater demand, greater capableness utilisation, and caller investments.
He besides stressed the request for maturation successful manufacturing. “China’s R&D walk contiguous is $400 billion. India’s R&D walk is conscionable $20 billion. R&D is 1 of pb indicator of development, and we person agelong mode to go,” Mr. Sankar said.
Mr. Rajaa inaugurated the integer level of HCC, and besides released its logo arsenic portion of the 80th year celebrations.
Ramesh Dugar, Chairman and Managing Director, Dugar Finance and Investments Ltd., was unanimously elected the 80th president of HCC for the twelvemonth 2025-26 astatine the Annual General Meeting.
T. Praveen Kumar Tatia, president–elect, HCC, besides spoke.
