Tamil Nadu wants to be global SaaS hub, eyes Rs 150-bn IT, ITeS investments

Tamil Nadu's SaaS sector is generating a revenue of over a billion dollars and employing over 10,000 people at present

The Tamil Nadu government has said that it would give impetus to the software-as-a-service (SaaS) sector to make the state a global SaaS destination. The state government is expecting an increased investment from the IT and IT-enabled services (ITeS) sectors in the proposed Global Investors Meet (GIM) 2019.  

Speaking at the valedictory session of CII Connect 2018, an event organised by the Confederation of Indian Industry (CII), Chief Minister Edappadi K Palaniswami said, "Chennai is the SaaS capital of India. We propose to give a huge impetus to this sector to make Tamil Nadu a global SaaS destination."     

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