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Gujarat CM Engages Industry Leaders in Post-Budget Dialogue on Growth

Gujarat Chief Minister Bhupendra Patel held a dialogue with leading industrialists following the presentation of the state's ₹4.08 lakh crore budget for 2026-27. Industry leaders welcomed the direct engagement and reviewed key provisions for sectors like textiles, MSMEs, and infrastructure development. The budget includes significant allocations, such as ₹1,775 crore for MSME assistance and ₹2,755 crore under the Textile Policy, aimed at boosting economic growth. Chief Minister Patel emphasized that the budget's provisions are designed to support businesses, drive employment, and increase Gujarat's contribution to the national GDP.

Key Points: Gujarat CM Holds Post-Budget Talks with Industrialists

  • Historic ₹4.08L cr budget
  • Over ₹13,000 cr boost for key sectors
  • Focus on MSMEs, textiles & exports
  • New industrial estates in tribal districts
  • Direct govt-industry engagement
2 min read

Gujarat CM Bhupendra Patel holds post-Budget dialogue with industrialists

Gujarat CM Bhupendra Patel meets industrialists after the 2026-27 budget, discussing allocations for MSMEs, textiles, and infrastructure to boost the state's economy.

Gujarat CM Bhupendra Patel holds post-Budget dialogue with industrialists
"Industry is the backbone of any state. Whenever industry is developed, the state's GDP increases. - Vaibhav Choksi"

Gandhinagar, Feb 18

Chief Minister Bhupendra Patel on Wednesday met with leading industrialists following the presentation of the Gujarat Budget 2026-27, discussing its impact for the state's business community.

The session was attended by Deputy Chief Minister Harsh Sanghavi, MLA and BJP state president Jagdish Vishwakarma, and representatives from various districts, who had observed the budget proceedings in the Assembly.

Industry leaders welcomed the direct engagement with the state leadership.

Industrialist Chintan Thakar said, "For the first time, the government invited us to listen to the budget live and we appreciate it. For businesses and industries, there has been nearly a 26 per cent increase in budgetary allocation. Almost 50 per cent urbanisation has been achieved, and industries remain the base of development."

Jaimin Shah added, "After the budget, we received an opportunity to interact with Chief Minister Bhupendra Patel, Deputy Chief Minister Harsh Sanghavi and various ministers, which is very valuable for industry planning."

Industrialist Vaibhav Choksi underlined the broader economic significance, stating, "Industry is the backbone of any state. Whenever industry is developed, the state's GDP increases. The Gujarat government has allocated over Rs 13,000 crore in the budget, which will give a boost to MSMEs, textiles, tourism, cultural and other sectors."

The state budget was presented by state Finance Minister Kanu Desai. This year's budget has been set at Rs 4.08 lakh crore, which is historic.

The budget includes Rs 1,775 crore for assistance to MSMEs, Rs 1,250 crore for 25 Smart GIDCs, and Rs 50 crore for upgrading 120 mini GIDCs.

Five new industrial estates are planned in tribal districts, while Rs 2,755 crore has been allocated under the Gujarat Textile Policy, among other initiatives.

The government also announced the establishment of a Gujarat State Export Promotion Council to support exports and enhance competitiveness.

During the discussion, industry leaders reviewed provisions related to textiles, GIDCs, sports, agro-industries, and storage technologies.

They shared feedback on the budget and engaged in detailed conversations regarding future planning and sectoral development.

Chief Minister Patel emphasised that the budget aims to support businesses and promote economic growth across the state.

He highlighted that the provisions for infrastructure, manufacturing, MSMEs, and exports are intended to create sustainable development, drive employment, and increase Gujarat's contribution to national GDP.

- IANS

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Reader Comments

P
Priya S
Rs 4.08 lakh crore budget is indeed historic! The allocation for Smart GIDCs and tribal district industrial estates shows a good balance between high-tech growth and inclusive development. Gujarat continues to lead by example in attracting investment and fostering industry.
R
Rohit P
While the industry focus is good, I hope the government also ensures that this development is sustainable and doesn't come at the cost of the environment or farmers' livelihoods. The budget numbers sound impressive, but the real test is how it improves the life of the common person, not just balance sheets.
S
Sarah B
As someone working in the textile sector in Surat, the Rs 2,755 crore allocation under the Textile Policy is a much-needed boost. The global market is tough, and the new Export Promotion Council could be a game-changer for competitiveness. Fingers crossed!
V
Vikram M
Inviting industrialists to listen to the budget live is a fantastic transparency initiative. It builds trust. The 26% increase in allocation for business is significant. Now, the challenge is to ensure these funds reach the small and medium entrepreneurs quickly and without red tape.
K
Karthik V
Good to see planning for tribal districts. Development should reach all corners of the state. However, I sincerely hope the focus on "50% urbanisation" doesn't mean neglecting rural infrastructure and agriculture, which is still the backbone for many. A balanced approach is key for true vikas.

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