India, Jan. 8 -- Tamil Nadu (TN) chief minister MK Stalin today launched a dedicated startup policy to foster deeptech startups in the state.

With an outlay of INR 100 Cr, the new policy will offer structured support across the innovation lifecycle - from early-stage grants and incubation to state-funded innovation hubs and flexible funding mechanisms.

"This deeptech startup policy lays the foundation for a future where innovation empowers every citizen and elevates our collective destiny," CM Stalin said while introducing the policy at the UmagineTN Technology Summit in Chennai.

Tamil Nadu's IT minister Palanivel Thiaga Rajan added that the policy will look to build a globally competitive deeptech ecosystem in the state and foster ent...