With advent of AI, registered start-ups go up from 3,000 to 12,000: Palanivel Thiaga Rajan

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 “With the advent of Artificial Intelligence and automation we are starting to spot a alteration successful the quality of white-collar work which is reflected done the fig of start-ups registered quadrupling from nether 3,000 to 12,000 successful the past 4 years,” said Minister for Information Technology and Digital Services Palanivel Thiaga Rajan.  

Speaking astatine the inauguration of the 8th edition of Connect Madurai 2025 organised by the Confederation of Indian Industry (CII) present connected Friday, helium said, “The magnitude of concern successful them has gone up till 7 cardinal dollars and the valuation of them has increased up till 30 cardinal dollars.” 

In the existent fragmented satellite owed to assorted factors similar hyper globalisation, much determination and bilateral trade, domestic market and its exertion was a immense asset, helium noted.  

“In a little reflection of the spot wherever the expo is organised we could recognize its glorious past which is the cradle of civilisation. Through the excavations we behaviour each twelvemonth in Keeladi, we find galore astonishing things astir our ain culture, engineering, art, language, among others,” he observed.  

But, implicit the years, though Madurai has not kept gait with its ain past, recent organisations like CII, Yi (Young Indians), women forums, having taken up the occupation of bringing unneurotic talents and resources were very encouraging for the city’s development, Mr. Palanivel Thiaga Rajan noted.  

Reading through the assorted concern projects and proposals, it could beryllium said that determination was a lot of headroom for much investments and implementations. “Even though we person not kept up the pace, we arsenic a government have done a decent job. Through firms like HCL and different international companies successful Madurai, we person done an fantabulous work,” helium added. 

Recalling an statement betwixt a polytechnic assemblage successful his constituency and ‘Forge’ institution nether Tamil Nadu Innovation Initiatives (TANII) erstwhile helium was the Minister of Planning and Development, Mr. Palanivel Thiaga Rajan noted, “It is much of a frustration than pride, arsenic the initiative, which was announced 3 years agone and was implemented 2 years ago, is being realised only now.” 

Jagdeep Singh Deo, Deputy Chief Minster, Penang, Malaysia, said that his place, which was producing 7.5% of the semi-conductors utilized successful the world, would supply a conducive situation for industries and companies.  

He welcomed the Indian authorities and companies for workers’ training programme which, helium said, would alteration them to get skilled for the various industrial needs. 

Rajesh Kumar Pathak, Secretary, Technology Development Board, Ministry of Science and Technology, delivering peculiar address, said that it was a large accidental for them to enactment unneurotic with CII successful bringing varied and plentifulness of technological innovations to the radical of Tamil Nadu.

Ashwin Desai, Chairman, CII Madurai Zone, said the 8 variation of the expo successful Madurai was a peculiar 1 for the full squad arsenic it has featured immoderate of the unsocial products and companies from crossed the State and country.

Hari Thiagarajan, former Chairman of CII Tamil Nadu, who delivered the peculiar address, said it was an honour to beryllium portion of the squad which had attempted to organise thing precise important for the existent time.

S.M. Manikandan, Chairman, CII Madurai IT/ITES and Electronics Taskforce, delivered the taxable address.

Published - November 28, 2025 08:49 p.m. IST

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