CII Southern Region said Union Budget 2026–27 provides policy support for manufacturing, MSMEs, agriculture and skills, with focus on productivity, exports and infrastructure, offering growth opportunities for Southern India.
The Confederation of Indian Industry (CII) Southern Region has welcomed the Union Budget 2026–27, stating that it outlines a structured approach to strengthening India’s economic base through focused support to manufacturing, MSMEs, agriculture and skill development, aligned with the Viksit Bharat 2047 vision.
CII Southern Region Chairman and Muthoot FinCorp Ltd Chairman and Managing Director Thomas John Muthoot said the Budget balances fiscal discipline with long-term growth priorities. He noted that emphasis on productivity, infrastructure creation and export competitiveness is expected to support employment generation, enterprise growth and inclusive development, particularly across Southern India. He added that continued focus on financial inclusion, credit access and technology-led reforms would enable NBFCs to expand outreach and support entrepreneurship.
Deputy Chairman, CII Southern Region, and President–Danfoss India, P Ravichandran stated that the Budget supports industrial expansion while maintaining fiscal prudence. He highlighted initiatives in bio-pharma, semiconductors, electronics, rare earths and container manufacturing as steps that could strengthen India’s industrial capabilities and export performance. He also pointed to measures aimed at MSMEs, including improved access to credit, technology adoption and skill development, as key to regional economic growth. He noted the proposed ₹20,000 crore outlay over five years for Carbon Capture Utilisation and Storage technologies as supportive of sustainable industrial practices.
CII Tamil Nadu State Council Chairman and Saint-Gobain India Managing Director AR Unnikrishnan said Tamil Nadu is positioned to benefit from high-value manufacturing opportunities in electronics, electric vehicles and defence, along with Semiconductor Mission 2.0 initiatives. He added that technical textiles, sports goods and leather manufacturing offer further scope for growth, while the ₹12.2 lakh crore capital expenditure allocation is expected to strengthen infrastructure and allied sectors in the state.
Overall, CII Southern Region stated that the Budget provides a policy framework aimed at strengthening competitiveness, encouraging investment and supporting long-term economic resilience in Southern India.
CII Southern Region Chairman and Muthoot FinCorp Ltd Chairman and Managing Director Thomas John Muthoot said the Budget balances fiscal discipline with long-term growth priorities. He noted that emphasis on productivity, infrastructure creation and export competitiveness is expected to support employment generation, enterprise growth and inclusive development, particularly across Southern India. He added that continued focus on financial inclusion, credit access and technology-led reforms would enable NBFCs to expand outreach and support entrepreneurship.
Deputy Chairman, CII Southern Region, and President–Danfoss India, P Ravichandran stated that the Budget supports industrial expansion while maintaining fiscal prudence. He highlighted initiatives in bio-pharma, semiconductors, electronics, rare earths and container manufacturing as steps that could strengthen India’s industrial capabilities and export performance. He also pointed to measures aimed at MSMEs, including improved access to credit, technology adoption and skill development, as key to regional economic growth. He noted the proposed ₹20,000 crore outlay over five years for Carbon Capture Utilisation and Storage technologies as supportive of sustainable industrial practices.
CII Tamil Nadu State Council Chairman and Saint-Gobain India Managing Director AR Unnikrishnan said Tamil Nadu is positioned to benefit from high-value manufacturing opportunities in electronics, electric vehicles and defence, along with Semiconductor Mission 2.0 initiatives. He added that technical textiles, sports goods and leather manufacturing offer further scope for growth, while the ₹12.2 lakh crore capital expenditure allocation is expected to strengthen infrastructure and allied sectors in the state.
Overall, CII Southern Region stated that the Budget provides a policy framework aimed at strengthening competitiveness, encouraging investment and supporting long-term economic resilience in Southern India.