MacroMatrix

‘THE ODYSSEY’ is now at $639M worldwide. Now expected to earn at least $1.3 billion worldwide.

Why is Chennai excluded from the race, especially when IIT Madras is India’s largest deep tech incubator and the IIT Madras Research Park is India’s first university based research park? In how many cities in India do deep tech startups get access from day one to capital, offices, plug and play seats, IIT labs, faculty, research scholars, and corporate R&D centres? Sector specific incubators also provide domain specific support. Chennai is where IIT Madras faculty become co-founders of deep tech startups and have skin in the game. It is not easy to replicate the integrated infrastructure and ecosystem Chennai has developed for deep tech startups. Unlike other states, Tamil Nadu has deep tech ecosystem spread across in various cities. In addition to Chennai, you also see them in Coimbatore, Tuticorin and even small tier 4 cities like Karur. When it comes to deep tech, Moneycontrol should start focusing on Chennai too, in addition to Bengaluru and Hyderabad. Chennai is less glamorous than Bengaluru and Hyderabad but equal in capabilities.