Tamil Nadu Business Leaders Laud State Industry Proposals

Business leaders and industry stakeholders who analyzed the 2025-26 state budget, presented by the Tamil Nadu government on March 14, at a special conclave organized by the Federation of Indian Chambers of Commerce and Industries (FICCI) South India Chamber of Commerce and Industry (SICCI) in collaboration with The New Indian Express group, termed some of the state's proposals as pathbreaking.

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They emphasized that many of these recommendations align with the state's long-term vision for industrial development, and noted that these measures would significantly contribute to achieving the state's economic goals, particularly in creating a large employment pool.

Delivering the keynote address at the budget review session, eminent economist K Prabhakar said that the state budget has once again proved that Tamil Nadu is one of the most investor-friendly states in India. "Several new industries are now coming to Tamil Nadu and many of them are actually returning to the state. This is a clear indication that it is an industry-friendly state by many parameters, and the proposals in the 2025 budget have demonstrated its commitment to take it forward with specific projects that will see the growth continued, especially employment creation and social welfare," he said.