Speaking at the CII Tamil Nadu’s Annual meet T Udayachandran, IAS, Finance Secretary Government of Tamil Nadu pointed to the state’s budget as inclusive which focused from transgender to tribals and technology to textiles. He highlighted the unique nature of the state which is highly urbanised with each region specialising in a sector. He stressed on the need to look into each region and move the sectors that they operate in, up the value chain. “These urban centres must be face lifted to match global trends,” he said.
Udayachandran also pointed to the state retaining its competitiveness in attracting investments. The recent announcement of Tata Motors to invest Rs 9000 crore in a car manufacturing plant in Ranipet stands as testimony. He also hinted at another big investment announcement on cards. Tamil Nadu at 100, a vision document for the state, jointly prepared by IIT Madras and CII was released by the finance secretary.
V Vishnu, MD and CEO, Guidance highlighted on the policy action dialogue that has been initiated along with CII. “Policy making is a continuous process given the current global scenario. We need to be abreast of what is happening and fine tune state’s policy in line with the same,” said Vishnu. The state is focused on both capital intensive and labour-intensive investments to meet the varying aspirations of the people. In this policy action dialogue, more than 200 experts from 11 sectors have been involved. Arun Roy, Industries Secretary pointed to Guidance making 287 modifications to simplify regulation for businesses. He highlighted three aspects of policy making, “First is to provide gainful employment to citizens. The next is to ensure balanced growth across the state and the third aspect is to focus on green manufacturing.”
B Santhanam, CEO, Asia Pacific and India Region, Saint Gobain stressed on the need to focus on talent, diversity, digital and sustainability for Tamil Nadu to thrive.
Srivats Ram, Managing Director, Wheels India has been elected as Chairman of CII Tamil Nadu State Council and Unnikrishnan A R, Managing Director (Glass & Glass Solutions Business), Saint-Gobain India has been elected as Vice Chairman for the year 2024-25.
