CII- The new Indian express


Through Express news service

CHENNAI: Confederation of Indian Industry (CII) pledged full support to Chief Minister MK Stalin to help the state make rapid progress in socio-economic development, with emphasis on inclusive growth and urged the government to adopt an economic program to stimulate investment and create employment opportunities.

While urging the government to pay special attention to public health infrastructure, CK Ranganathan, president of ICN Southern Region, said in a statement, “Some of the priority areas for intervention include; agriculture, food processing, defense and aerospace, infrastructure, MSMEs, ICT, automotive and automotive components, leather, textiles, light engineering, financial services, among others.

“Ease of doing business (EoDB) is another important area that CII would work closely with the new government. CII would push for an investor-friendly political regime to attract global players, ”he added.
Dr S Chandrakumar, President of ICN Tamil Nadu, said the focus should be on building large manufacturing centers which will generate jobs and also attract investment to the state. Tamil Nadu is already the leader in the automotive industry and it is high time to launch a manufacturing hub for medical devices and pharmaceuticals. The defense industrial corridor would also attract more investment.

Satyakam Arya, vice president of CII Tamil Nadu, said the CII will work with the government to promote the southern districts to ensure balanced regional development. The government should create an enabling environment to bring together academia, government and industry to conceptualize and bring in new technologies like Industry 4.0, digitization, machine learning, additive manufacturing, etc. he added.

Other areas include the development of a new international airport and financial city near Chennai and the promotion of a dedicated railway line along the ECR connecting Chennai and Puducherry via Mamallappuram to promote tourism. CII will continue to work with the government in its flagship initiatives such as SPEED (Southern Prosperity through Enhanced Economic Development), CONNECT (Annual ICT Event), Foodpro (Biennial International Exhibition on Food Processing Technology) and Autoserve (Biennial International Exhibition on Automotive Aftermarket) , indicates the press release.

Meanwhile, the Madras Chamber of Commerce and Industry (MCCI) and the Tamil Chamber of Commerce congratulated Stalin. Srivats Ram, president of the MCCI, assured his full support to the government.


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