Chief Minister M.K. Stalin, Minister for Information Technology and Digital Services Palanivel Thiaga Rajan, and MSME Minister T.M. Anbarasan at UmagineTN 2026 on Thursday. | Photo Credit: Special arrangement The Dravidian model of governance views technology as a tool for social uplift, Tamil Nadu Chief Minister M.K. Stalin said at the fourth edition of UmagineTN. Recalling that this event was started when the DMK came back to power, Mr. Stalin said Tamil Nadu was shifting from its traditional information technology services to high-tech development, start-ups, and innovation-driven economy. “Tamil Nadu is increasingly attracting advanced global capability centres (GCCs) and research and development (R&D) and artificial intelligence (AI) centres of multinational companies,” he said. One of the key highlights of the event was the launch of Tamil Nadu Deep Tech Startup Policy 2025-26. A slew of memoranda of understanding (MoUs) were exchanged in the presence of Mr. Stalin. The first one was with Better Compute Works Inc., entailing investments to the tune of ₹5,000 crore. EROS Gen AI (Immerso Innovation Venture Pvt Ltd) inked an MoU worth ₹4500 crore. Firms including WeLoadin Studio LLP (₹150 crore); Phantom Digital Effects Limited (₹100 crore); Rewin Health (₹50 crore) and Cube84 (₹20 crore) also exchanged MoUs on Thursday. Minister for Information Technology and Digital Services Palanivel Thiaga Rajan pointed out how Tamil Nadu had taken efforts to set up StartupTN and iTNT hub, and went on to talk about the emerging sector seed fund and Tamil Nadu SC/ST start-up fund. Published – January 08, 2026 10:43 pm IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation Iraq ‘unrecognisable and remarkable’ after years of conflict: UN coordinator HC orders payment of compensation to NRI imprisoned on false charges