India’s corporate world is laser-focused on Union Budget 2026, anticipating bold moves in manufacturing, PLI enhancements, export promotion, and capital inflows. In a candid IANS discussion, Amrit Acharya of Jetwork outlined expectations that could redefine industrial competitiveness.
Sustained public capex escalation is non-negotiable, he said. Heavy funding for rail, infrastructure, and solar initiatives drives manufacturing procurement, with government as the anchor client.
Consistent investment rises have delivered dividends in orders, employment, and dynamism. Building infrastructure isn’t just construction—it’s economic ignition.
PLI’s triumphs in electronics, solar, and components mark a milestone. Acharya called for export-centric evolution, proposing dedicated schemes for global prowess.
Emulating China’s export credit ecosystems would shield Indian firms from uncertainties in key markets. Lowering India’s cost of capital through proactive policies would ignite investment fervor.
Acharya applauded the steady, consultative policy framework. PLI exemplifies patience paying off, powering India to iPhone export supremacy. The next phase eyes component ecosystems, unlocking gains across sectors.
Budget 2026 must deliver: amplified capex and export enablers. Acharya is optimistic these will turbocharge manufacturing and international standing.