Union Budget 2026 Boosts Manufacturing Confidence with Focus on Execution, Technology and Ease of Doing Business

Union Budget 2026 Boosts Manufacturing Confidence with Focus on Execution, Technology and Ease of Doing Business

 Mr. Kunal Bajaj, Director, Jupiter Group.

“The Union Budget 2026 sends a strong and reassuring signal to India’s manufacturing sector by moving decisively from intent to execution. Continued public capital expenditure, tax reforms to boost manufacturing, and measures such as customs duty rationalisation, deferred duty payment for trusted manufacturers, and supply-chain facilitation directly improve ease of doing business on the factory floor. For packaging manufacturers, the broader emphasis on high-value manufacturing and revitalisation of legacy industrial clusters strengthens domestic capacity and global competitiveness. The Budget’s push towards technology adoption, including AI-led manufacturing processes, will help improve productivity, quality, and operational efficiency. Sustaining GDP growth at around 7% while maintaining fiscal discipline provides the policy stability entrepreneurs value most, reinforcing confidence to invest, expand capacities, and build resilient, India-anchored value chains aligned with Make in India and Viksit Bharat”