The Union Budget 2026 has been widely welcomed across industries, with businesses and experts praising its focus on economic growth, infrastructure development, and technological innovation. Key sectors, including healthcare, commodities, IT, real estate, and renewable energy, appreciated incentives aimed at boosting investment, job creation, and digital transformation. Start-ups and MSMEs lauded measures supporting ease of doing business and access to credit. Analysts highlighted the emphasis on sustainable development, healthcare, and skill-building initiatives as long-term growth drivers. Overall, the budget has generated optimism for a stronger economy and enhanced investor confidence nationwide.
Real Estate
Ashish Bhutani, CEO Bhutani Infra said, “The Infrastructure Risk Guarantee Fund is a game-changer and a defining turning point for India’s infrastructure ecosystem. By absorbing construction-phase risk through calibrated credit support, the government has removed the biggest bottleneck that restrained private investment—unlocking cheaper capital, faster execution, stronger PPPs, and accelerated delivery of mega projects. This is also a direct tailwind for PPP-led destination developments like the Bayview–Bhutani Film City near Jewar, where de-risking the build phase can strengthen bankability and speed up on-ground delivery. Beyond infrastructure, the ripple effect is massive: re-rated regions, unlocked real estate, and a powerful new growth cycle for India.”
RajniKant Mishra, Founder and Chairman Amrawati Group said, “The Union Budget 2026 demonstrates a clear commitment to strengthening India’s real estate and infrastructure backbone. The Infrastructure Risk Guarantee Fund will play a crucial role in de-risking projects during the construction phase, encouraging greater private investment. The accelerated use of REITs for monetizing CPSE real estate assets will enhance market depth and capital flow. Moreover, focused infrastructure development in Tier 2 and Tier 3 cities will unlock new growth corridors, making housing and commercial development more balanced and sustainable nationwide.”
Khalid Masood, Whole-Time Director, Shalimar Corp said, “Union Budget 2026 outlines a progressive roadmap for strengthening the real estate sector. The introduction of the Infrastructure Risk Guarantee Fund will improve access to financing and mitigate project risks. Expanding REIT structures to include public sector assets will promote transparency and efficient capital deployment. The emphasis on Tier-2 and Tier-3 cities will catalyse infrastructure growth and generate long-term opportunities for real estate development nationwide.
Healthcare
Dr. Sanjay Gupta, Senior Director, Yatharth Super Speciality Hospital, Model Town said, “The Union Budget 2026 is a strong and forward-looking step for the healthcare sector. With a focus on expanding healthcare infrastructure, investing in medical education, and promoting affordable treatment, it will make healthcare services more accessible and efficient across the country. By strengthening preventive care and technology-driven solutions, the government has laid a solid foundation to address future health challenges. This Budget is promising for patients, doctors, and the entire healthcare ecosystem.”
Dr. Mayank Somani, MD and CEO of Apollo Hospitals, Lucknow said, “The decisions taken in the Union Budget 2026 to strengthen healthcare services are welcome. Existing institutions for allied health professionals will be upgraded, and new institutions will be established in both the public and private sectors. This will add one lakh newly trained healthcare workers over the next five years, improving patient care and the quality of services. To promote medical tourism, the plan to create five regional medical hubs will help establish India as a trusted destination for treatment. Additionally, the decision to open three new All India Institutes of Ayurveda in the AYUSH sector will give a new identity to traditional medicine.”
Dr. Rakesh Kapoor, Medical Director of Medanta Hospital, said, “The customs duty relief granted to cancer and rare disease patients in the Union Budget 2026-27 is an extremely sensitive and patient-centric step. The removal of basic customs duty on 17 essential medicines will directly reduce treatment costs, especially for patients who rely on imported medications. Furthermore, including seven rare diseases under the duty exemption umbrella is a great relief for thousands of families. This decision demonstrates the government’s serious commitment to making healthcare more accessible and affordable.”
Urban Development & Environment
SUEZ in India CEO, Rasmi Ranjan Ray said, “The Union Budget 2026-27 emphasised upon the 3 kartavyas with the intent to strengthen and improve India’s social, economic and environmental resilience. The Capex allocation has been bumped upto INR 12.2 Lakh Crore, a consistent sign from the government towards urban development including targeted boosts to water supply under Jal Jeevan Mission, sanitation via Swachh Bharat, and urban infrastructure through AMRUT 2.0, thus, propelling Viksit Bharat 2047 into action. The Capex increase aimed at Tier 2 and Tier 3 cities will enable smart water systems, resilient sanitation networks, and future-proof urban assets, motivating public private partnerships and elevating urban living standards. Indian cities are now primed for sustainable, climate-ready growth that benefits communities nationwide. At SUEZ in India, we see this as a strong opportunity to partner with cities and governments in order to deliver safe, resilient and climate adaptive water and wastewater services to improve the quality of life and forge new participation in urban transformation”
Gold & Jewellery Sector
Shradha Kesari Hira Panna Jewellers Patna Director of Operations said, ““The 2026 Union Budget reflects a continuation of India’s broader economic strategy centred on fiscal consolidation, infrastructure expansion, and manufacturing-led growth, rather than sector-specific stimulus. In this context, the gold and jewellery industry remains primarily influenced by global price movements, currency dynamics, and domestic consumption cycles, as the Budget itself introduced no disruptive changes to bullion taxation or trade structures. This has reinforced gold’s position as a stable financial and cultural asset rather than a policy-driven commodity in the current fiscal year. For Bihar, where traditional jewellery trade, small enterprises, and craftsmanship form an important part of local economic activity, the emphasis on infrastructure, connectivity, and formalisation indirectly strengthens market ecosystems by improving logistics, access to finance, and regional integration. The overall picture is one of macro stability and gradual structural strengthening, where sectors like jewellery continue to grow within the larger framework of economic normalisation rather than through direct fiscal intervention.”