A silent revolution in the research and development (R&D) space has been on in Tamil Nadu in recent years. Industry captains say the State’s progress has remained an untold story, and there is potential to make it a hub for innovation.
According to statistics from the Department of Science and Technology, Government of India, Tamil Nadu’s R&D spend stood at ₹668 crore in financial year 2017-18, accounting for about 9.5% of ₹7,264.81 crore spent in India. This was the second highest, after Gujarat, which accounted for 10.9%.