Chennai, Mar 14 (UNI) Tamil Nadu Finance Minister Thangam Thennarasu

on Friday announced that a new policy on Animation, Visual Effects, Gaming,

Comics and Extended Reality (AVGC-XR) is being developed in collaboration

with industry experts.

Presenting the Budget for the year 2025-26 in the State Assembly, he said

to leverage the growing business opportunities in this emerging sector and

to create high-end employment for Tamil Nadu’s youth, the Government through

the Electronics Corporation of Tamil Nadu Limited (ELCOT) will set up an

AVGC-XR Centre of Excellence in Chennai named ‘Viyan AVGC-XR Hub’ at

an estimated cost of Rs.50 crore.

Subsequently, its zonal sub-centres will be set up in Coimbatore, Trichy, Madurai,

Salem and Tirunelveli in collaboration with educational institutions and start-up

companies over the next 3 years in a phased manner.

He said Startups in the IT sector require significant capital for web hosting and

data server infrastructure.

Keeping this in mind, a scheme to provide vouchers for availing data centre services

worth up to Rs.5 lakh each to startups registered with iTNT and StartUp TN will be

implemented by ELCOT through the ‘Tamil Nadu StartUp Data Server Services

Scheme’ at an allocation of Rs.10 crore.

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