Particle.news
Download on the App Store
3 ARTICLES
·
6h ago

Stalin Sets $1 Trillion Tamil Nadu Goal for 2030, Unveils Rs 100 Crore Startup Fund

Fresh metrics from a new ecosystem report chart rapid startup growth with broad participation, setting the stage for bigger capital flows and wider reach.

Photo: SNS

Overview

  • Chief Minister M. K. Stalin announced a Rs 100 crore co-creation fund to be managed by StartupTN and invested through venture capital funds in Tamil Nadu startups.
  • Stalin reiterated a 2030 target to make Tamil Nadu a $1 trillion economy during the Global Startup Summit in Coimbatore.
  • Inc42’s State of Tamil Nadu Startup Ecosystem Report 2025 was launched at the summit, reporting growth from about 2,000 to more than 12,000 registered startups in four years.
  • The report cites a startup economy valuation of $27.4 billion in 2024, a high share of women-led ventures at about 50.1%, and an incubation network expanded to 120 centres.
  • Inc42 also notes FY25 GSDP above $369 billion with 11.19% real growth, while calling for deeper regional hubs and stronger global market connectivity to sustain momentum.