The Confederation of Indian Industry (CII) Coimbatore welcomed the Union Budget 2026–27, describing it as a comprehensive and growth-oriented document that reinforces India’s economic momentum through sustained capital expenditure, technology-driven manufacturing, fiscal prudence and focused support for MSMEs.
Rajesh Doraiswamy, Chairman, CII Coimbatore Zone, described the Budget as forward-looking and growth-oriented, highlighting its strong emphasis on capital expenditure, infrastructure expansion, manufacturing competitiveness, MSME support and emerging sectors such as semiconductors, green technologies and advanced manufacturing. He noted that these measures align well with the aspirations of Coimbatore’s diversified industrial ecosystem.
He particularly welcomed the record public capital expenditure allocation of ₹12.2 lakh crore, stating that continued investments in transport, logistics and urban infrastructure will catalyse private investment and employment generation, especially across Tier-2 and Tier-3 cities such as Coimbatore.
From a regional perspective, he said this focus will help reduce freight costs and turnaround time for key sectors, including engineering goods, pumps and motors, auto components and textile exports, thereby enhancing competitiveness in domestic and global markets.
Doraiswamy also noted that the continued focus on fiscal prudence, along with measures to simplify taxation and improve ease of doing business, will enhance industry confidence and accelerate private sector participation.
He added that for a region like Coimbatore, known for engineering, textiles, pumps, motors and growing technology enterprises, these initiatives will support capacity expansion, job creation and global competitiveness, contributing meaningfully to the vision of a stronger and self-reliant India.
Noushad, Vice-Chairman, CII Coimbatore Zone, welcomed the Budget’s thrust on advanced manufacturing, MSME resilience and technology-led growth, including measures to strengthen capabilities in semiconductors, electronics and bio-pharmaceuticals.
He observed that these initiatives will support India’s movement up the manufacturing value chain while creating high-quality skilled employment and opening downstream opportunities for precision manufacturing, components, tooling and strategic materials within the Coimbatore ecosystem.
Noushad highlighted the positive measures announced for MSMEs, particularly the proposed ₹10,000 crore SME Growth Fund and the continued push for digital platforms such as TReDS, which will improve liquidity and payment discipline. He noted that for supplier-intensive clusters like Coimbatore, efficient working-capital cycles are essential for sustaining production, exports and employment.
He further welcomed the announcements related to the textile sector, including the proposed National Fibre Scheme and allied initiatives, stating that effective implementation can strengthen fibre availability, productivity and skilling across the spinning-to-garments value chain, benefiting the broader western Tamil Nadu textile belt.
Noushad also appreciated the Budget’s focus on green technologies and agri-tech, noting that clean energy adoption, carbon-capture solutions and the multilingual AI platform will support sustainable manufacturing, improve farmer productivity and strengthen rural–urban economic linkages.
