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TN govt to host global startup summit in Coimbatore
TN govt to host global startup summit in Coimbatore

Time of India

time3 days ago

  • Business
  • Time of India

TN govt to host global startup summit in Coimbatore

COIMBATORE: The micro, small and medium enterprises department of the state govt will host the Tamil Nadu Global Startup Summit at Codissia Trade Fair Complex in Coimbatore on Oct 9 and 10. More than 700 startups from different countries are expected to set up their stalls in the fair. The Tamil Nadu govt revived StartupTN in 2020-21. At that point in time, Chennai was home to 75% of startups registered in the state. At present, the situation has changed. Chennai accounts for 40% startups while the rest of the state accounts for 60% of startups. 'The state govt is planning to conduct the global summit in Coimbatore to give startups global exposure, connection and business opportunities. The event will project Tamil Nadu as one of the top startup ecosystems in the world,' said a StartupTN official from. The official added that the power-packed convention and exhibition with more than 700 stalls would bring together more than 30,000 participants, including startup founders, entrepreneurs, innovators, aspirants, incubators, educational institutions, investors, industry bodies, mentors, govt agencies and other stakeholders.

Deputy CM Udhayanidhi Stalin unveils startup summit logo
Deputy CM Udhayanidhi Stalin unveils startup summit logo

New Indian Express

time27-04-2025

  • Business
  • New Indian Express

Deputy CM Udhayanidhi Stalin unveils startup summit logo

CHENNAI: Deputy Chief Minister Udhayanidhi Stalin on Saturday launched the logo and website for the Tamil Nadu Global Startup Summit (TNGSS) 2025, set to be held in Coimbatore, as the state seeks to boost its startup ecosystem. Dates for the summit at CODISSIA, Coimbatore, will be announced soon, according to a release. The summit, organised by the Tamil Nadu Startup and Innovation Mission (StartupTN) under the MSME Department, aims to position the state as a global startup hub. The event is expected to attract more than 30,000 participants, including startups, investors, universities, and policymakers from India and abroad. Tamil Nadu, which has seen the number of startups registered with the Department for Promotion of Industry and Internal Trade (DPIIT) rise from 2,032 in 2021 to over 10,800 (till today), is targeting to become a $1 trillion economy by 2030, the release said. To realise the vision of ensuring distributed growth across the state, regional hubs have been established over the past four years in 10 districts – Chennai, Madurai, Erode, Tirunelveli, Hosur, Salem, Cuddalore, Thanjavur, Coimbatore and Trichy – the release said. The summit will feature a large-scale startup expo with more than 750 stalls representing sectors such as SpaceTech, climate change management, electric vehicle technology, AgriTech, and artificial intelligence. Government departments, corporates, and incubators will also participate, the release said.

T.N. government aims to take start-ups to villages, says StartupTN CEO
T.N. government aims to take start-ups to villages, says StartupTN CEO

The Hindu

time24-04-2025

  • Business
  • The Hindu

T.N. government aims to take start-ups to villages, says StartupTN CEO

The Tamil Nadu Startup and Innovation Mission (StartupTN) will be launching a scheme called Gramam Thorum Puthozhil (Establishing Start-ups in Villages) this year, focusing on inclusive entrepreneurship, rural innovation, and sustainable economic growth. 'We want to take the culture of innovation and entrepreneurship to villages,' Sivarajah Ramanathan, Mission Director and Chief Executive Officer, StartupTN, said in a fireside chat on 'Harnessing Innovation: Tamil Nadu's Role in the Global Startup Ecosystem.' The session was moderated by Kunal Shankar, Deputy Business Editor, The Hindu. Highlighting the various initiatives of StartupTN, Mr. Ramanathan said: 'Our primary mandate is to create a good ecosystem for start-up companies to start and grow in the State. We are creating funding schemes; we are working with Venture Capitalists to connect with start-ups. Our policy focuses on three major inclusive aspects — gender inclusivity, caste inclusivity, and geographical inclusivity. We have over 40 different schemes,' he added. Throwing statistics on how the start-up ecosystem has grown over the last three years, Mr. Ramanathan said Tamil Nadu currently had over 10,700 start-ups. 'This is a 5x growth. When we started, we were at the last in the national rankings but now we are competing with States such as Karnataka and Maharashtra,' he said. When the moderator asked him about the yardstick used to define start-ups, he said: 'In 2023, the Government of Tamil Nadu introduced a policy that slightly modified the Government of India's definition of a start-up. While the Centre defines a start-up as being less than 10 years old with a turnover of less than ₹100 crore, Tamil Nadu's policy revised the turnover threshold to ₹50 crore.' 'Additionally, to support social impact, Tamil Nadu's definition expands beyond new innovations. For example, while e-commerce may no longer be considered an innovation, if a marginalised community — such as a tribal one — is using an online platform to sell their products, it qualifies as a start-up to us. The key criteria are that the start-up should benefit the community members,' Mr. Ramanathan added. The event is presented by SRM Institute of Science and Technology, co-presented by StartupTN and in association with Sify Technologies. Retail GPT is the phygital commerce partner; Tally the technology partner; CII the strategic partner; ITC Mangaldeep the fragrance partner; and Puthiya Thalaimurai the TV partner.

Healthcare industry is in need of technology intervention at all levels: experts
Healthcare industry is in need of technology intervention at all levels: experts

The Hindu

time24-04-2025

  • Health
  • The Hindu

Healthcare industry is in need of technology intervention at all levels: experts

Healthcare industry requires technology intervention at all levels — from patient care to maintaining hospital records and even a hospital's functioning. The opportunities are many for the passionate. Often a personal setback or requirement triggers innovation and a start-up is born, said panellists at a session on 'Healthtech Innovations: Revolutionising Healthcare in Tamil Nadu' on Thursday. The event was presented by The Hindu and SRM Institute of Science and Technology and co-presented by StartupTN in association with Sify Technologies. Neurosurgeon K. Ganapathy, who moderated the session, recalled his days as a practising clinician, when advanced technology was non-existent. In his generation, students learned by practising on patients but today's medical students could learn through simulation laboratories. In fact, the National Medical Commission had mandated simulation laboratories, said Adith Chinnaswami, a laparoscopic surgeon and co-founder of MediSim VR. Boopesh Pugazhendi, consultant neurosurgeon at Naruvi Hospital, Vellore, said the hospital had gone paperless, a concept that patients and hospital staff equally found difficult to grasp. According to him, the challenge was training the hospital staff. Lallu Joseph, quality manager and associate general superintendent at Christian Medical College, Vellore, recalled a personal experience to explain how healthcare innovations happen. 'Technology is transforming healthcare delivery. There are kids who are revolutionising healthcare,' she said, explaining how their passion for tracking race cars helped a couple of youngsters come up with contactless remote monitoring of vital parameters for their uncle who was being treated at the hospital. Hospitals made it a practice now to install sensors under patients' beds to monitor them. Use of apps to monitor workforce had improved patient satisfaction, she said. Dr. Boopesh said clinical history taking in hospitals had undergone a transformation with the introduction of technology. The State government used technology to monitor the outbreak of diseases such as dengue and pneumonia. The high penetration of smartphones had helped the State monitor non-communicable diseases in the population, he added. 'It is more reverse engineering,' said Dr. Lallu about the digital transformation in healthcare. She urged youngsters to visit hospitals and see if their idea could solve a problem. Dr. Ganapathy agreed that any innovator who showed evidence that technology could transform a service in the healthcare sector would receive support to develop their product. Dr. Adith said now there were 250 students per MBBS class and with clinical material in short supply, virtual reality labs were an option to ensure that a healthcare professional could have a certifiable level of competency before starting to treat patients. It is important to talk to persons who know the subject, said Dr. Ganapathy. Healthcare products must be clinically validated, and there are technicalities that a lay innovator may be unaware of. Innovators could rope in doctors or hospitals to have their innovation tested. Their feedback would not only help fine-tune the product but also convince a funding agency to offer financial support, Dr. Lallu said. Dr. Adith said simulation laboratories were welcome in medical colleges. 'There was never any modality (to find out) whether a student knows how to handle an emergency. Now, we have one,' he said.

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