Tamil Nadu has attracted investment commitments worth ₹9,820 crore at the fourth edition of the UmagineTN 2026 technology summit, held on January 8–9 at the Chennai Trade Centre. The deals are expected to generate around 4,200 new jobs and further strengthen the state’s position as a hub for technology and innovation.
Chief Minister M.K. Stalin, inaugurating the event, said the state’s transformation into a technology-driven economy stems from the Dravidian model’s emphasis on modernization with social equity. He added that UmagineTN reflects the government’s approach to ensuring that technology benefits every section of society.
During the summit, Stalin unveiled the Tamil Nadu Deep Tech Startup Policy 2025–26, billed as India’s first deep-tech startup policy. The five-year plan sets aside ₹100 crore to support 100 startups in artificial intelligence, biotechnology, robotics, and other emerging sectors. It also aims to train over 10,000 students and professionals in deep-tech skills. A Government as Early Adopter Programme will pilot solutions across five departments, each backed by an annual budget of ₹50 crore.
The state’s digital growth now spans 32 of its 38 districts, with Coimbatore, Tiruchirappalli, Madurai, and Tirunelveli emerging as major technology centers. MoUs were signed with firms including EROS Gen AI, Better Compute Works Inc, Phantom Digital Effects, Rewin Health, Cube84, and WeLoadin Studio LLP.
The two-day event featured more than 500 technology experts, 150 domain professionals, and drew over 10,000 attendees. Information Technology Minister Palanivel Thiaga Rajan said the consistent hosting of UmagineTN each January has positioned Chennai as a recurring focus for the global technology community.
