By Mr. Anil Rai Gupta, Chairman and Managing Director, on the Union Budget 2026–27-
“We commend and congratulate the Government of India for presenting a progressive and industry-focused Union Budget 2026–27 that strengthens India’s journey toward self-reliance and global competitiveness. The proposed capital expenditure of ₹12.2 lakh crore, alongside measures to mobilise private investment through the Infrastructure Risk Guarantee Fund, accelerated CPSE real estate monetisation via REITs, and development of dedicated freight corridors with sustainable cargo focus, will accelerate execution across housing, commercial, industrial, and logistics projects.
Key interventions such as the expansion of the Electronics Components Manufacturing Scheme from ₹22,999 crore to ₹40,000 crore, the ₹10,000 crore, five-year initiative to promote domestic container manufacturing, and rationalisation of customs duties to correct inverted structures reflect a decisive push towards localisation and technology-led manufacturing. These measures are expected to drive capacity creation, strengthen supply chains, and enhance India’s competitiveness across critical industrial sectors.
By advancing the ‘Make in India’ agenda through sustained policy support, targeted investments, and focus on industrial competitiveness, this Budget lays a robust foundation for resilient, inclusive, and technology-driven growth across India’s industrial landscape.”