Tamil Nadu, in collaboration with the World Economic Forum, hosted a public-private discussion on Tuesday which brought together over 20 business leaders to deliberate on establishing the 'India Centre for Advanced Manufacturing' in Chennai to support companies in their innovation, sustainability, and R&D endeavors.
The discussion highlighted three key focus areas for the Centre — technology adoption and innovation, industry-academia engagement, and sustainable production. Participants from various sectors, including electronics, automobile, and general manufacturing, engaged in the dialogue alongside representatives from government bodies such as the MSME Department, TIDCO, and TNSDC.
“Leapfrogging into the future of manufacturing using the principles of ‘Industry 4.0’ is crucial to achieving Chief Minister Stalin’s target of a $1 trillion economy in Tamil Nadu," T.R.B.
Rajaa, Minister for Industries, Investment Promotion, and Commerce said in a statement. «We have already started the digital transformation process, and Tamil Nadu becoming the capital of advanced manufacturing will further bolster our efforts.
The Centre's three-fold objectives were also outlined by the Minister, which include supporting high-end innovation, new business models, and digital transformation for manufacturing companies, including SMEs, promoting industry-academia collaboration to drive innovation, workforce upskilling, and research and development as well as facilitating system-wide collaborations to support supply chain decarbonization and circularity.
Tamil Nadu has already established three Centers of Excellence in collaboration with Siemens, G.E., and Dassault Systemes, providing support to start-ups and MSMEs to enhance their