Governor R.N. Ravi connected Sunday contended that Tamil Nadu was astatine its suboptimal gait of growth. The Governor shared his imaginativeness for Tamil Nadu arsenic a exertion and innovation hub astatine the Technology for Bharat 2026 Summit organised by Pan IIT Alumni Association successful Chennai.
The Governor hailed Tamil Nadu’s tremendous imaginable to beryllium the person successful exertion and innovation arsenic the State produced implicit 2 lakh engineers each year, has the highest Gross Enrolment Ratio successful higher education, and filed the maximum fig of patents.
‘Lack of investments’
“However, contempt specified awesome basal numbers, it has not been capable to enthuse the investors as, owed to disposable and invisible costs of enterprise, they person been moving to different States,” the Lok Bhavan successful a societal media station quoted the Governor arsenic saying.
“Though entrepreneurs incubate their ideas successful Tamil Nadu, they determination to different States for scaling up.” The station further said: “Similar deficiency of enthusiasm is seen successful the existing businesses successful their further enlargement wrong the State. As a result, the State is astatine its suboptimal gait of growth.”
The Governor highlighted the prevailing dichotomy betwixt State and non State-run acquisition institutions successful presumption of prime of acquisition and called for urgent involution to amended the prime of acquisition successful State-run institutions.

4 months ago
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