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P. Ravichandran, lawman chairman, Confederation of Indian Industry (CII)-Southern Region, and president of Danfoss India, connected Sunday (February 1, 2026), said that if the Union Budget for 2026-27, presented by Finance Minister Nirmala Sitharaman, could beryllium described successful 1 word, it would beryllium “growth.” The Budget has spelled retired ways to accelerate growth, helium said successful a property league organised by the CII-Southern Region successful Chennai.
There has been a absorption connected infrastructure for the past 3 to 4 years and immoderate of the announcements made successful the Union Budget, specified arsenic the high-speed railway corridor, freight corridor, and waterways, among others, would boost connectivity, helium said. “Infrastructure volition besides assistance successful generating employment arsenic good arsenic growth,” helium added.
As for concern growth, the Union Budget has strategical absorption successful 7 sectors, helium pointed out. “They [the Union government] person launched a Semiconductor Mission 2.0, nether which efforts are being taken towards manufacturing assorted components for user electronics and defence electronics.”
C.K. Ranganathan, past chairman, CII-Southern Region and president and managing manager of CavinKare Pvt. Ltd., said that determination has been a absorption connected the textile manufacture successful the Union Budget. “Special value has been fixed to the value-added textile industry,” helium said, and added that it would assistance States specified arsenic Tamil Nadu and others wherever textile industries are located.
Mr. Ranganathan besides welcomed the announcement proposing a strategy for instrumentality manufacturing and high-speed obstruction corridors, among others. The Union Budget would assistance successful a manufacturing revival, helium said.
A.R. Unnikrishnan, chairman, CII-Tamil Nadu State Council, and managing director, Glass & Glass Solutions, Saint-Gobain India Pvt. Ltd., termed the Union Budget for 2026-27 “foundational and long-term-oriented.” He added: “With sustained effort and accordant investment, we tin marque a large quality implicit a play of time. We whitethorn not spot contiguous results successful the existent fiscal twelvemonth but implicit a play of time, we tin person bully results.”
As acold arsenic Tamil Nadu is concerned, Mr. Unnikrishnan said that the State could payment from immoderate of the announcements, specified arsenic successful infrastructure. “The aboriginal of India’s maturation is going to beryllium Tier-II and III cities,” helium contended and said that Tamil Nadu has immoderate of them, which would payment from the thrust connected that front.
Stating that helium was blessed to spot that determination would beryllium a girls’ hostel successful each district, Mr. Unnikrishnan recalled the Tamil Nadu government’s Thozhi hostels, which helium said person empowered girls and women. Referring to plan education, helium said that Tamil Nadu has been astatine the forefront.
