Tamil Nadu Budget: TVK government’s maiden Budget strikes right chord with industry
industry leaders call it a progressive budget that focuses on growth and industrial development
The maiden budget of the TVK government in Tamil Nadu received a positive response from industry leaders and chambers of commerce. Industry leaders emphasized that the budget focuses on industrial competitiveness, AI-led investment facilitation, and infrastructure built for scale. Key developments include battery storage, rooftop solar, smart metering, and EV charging networks, which the industry sees as core to Tamil Nadu's bid to become India's top investment destination.
Experts praised the budget for its emphasis on manufacturing growth, infrastructure development, technology, and skill development. They noted that the budget strikes the right chord with industry, providing a progressive direction towards long-term economic priorities and human capital investment. The Madras Chamber of Commerce & Industry highlighted the priority given to manufacturing, infrastructure, technology, MSMEs, skill development, and ease of doing business.
The Chamber expressed its readiness to work closely with the government in formulating and implementing the proposed Industrial Policy and other key reforms.
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