Neel AcharyMr. Shekhar Singal, Managing Director, Eastman Auto & Power Limited
“The Union Budget reinforces policy continuity for India’s energy transition by strongly backing domestic manufacturing, clean mobility, and decentralized renewable energy adoption with storage. With India expected to account for nearly 30% of global energy demand growth by 2035, the Budget’s emphasis on renewable capacity expansion, grid integration, and reliable power delivery is both timely and strategically aligned with the country’s long-term clean energy ambitions. The exemption of basic customs duty on select capital goods, along with the addition of 35 capital goods for EV battery manufacturing, will provide a meaningful boost to domestic battery manufacturing and energy storage capabilities. In parallel, the ₹40,000-crore push for electronics manufacturing across key components such as printed circuit boards, capacitors, resistors and display modules will strengthen India’s electronics and advanced manufacturing ecosystem. The continued focus on grid-scale renewable energy projects, alongside rooftop solar adoption under initiatives such as PM SURYA GHAR, will accelerate decentralised energy access while enhancing grid resilience. Overall, the Budget provides much-needed clarity and continuity, supporting India’s 500 GW non-fossil fuel target and enabling companies like ours to scale integrated solar-storage solutions, strengthen last-mile e-mobility infrastructure, and drive sustainable energy access across both urban and rural markets.”
Mr. Bhupinder Singh, Founder, InCred Group
“This Budget has many positive structural elements and reflects a long term growth mind-set. The strong push on infrastructure, domestic manufacturing and the technology ecosystem can meaningfully strengthen India’s industrial and innovation base. At the same time, the sharp increase in STT on futures and options has understandably unsettled markets and could weigh on trading volumes at a delicate moment. Predictability and active participation are vital for deep capital markets, so ongoing engagement between government and market stakeholders will be key.”
Mr. Vineet Mittal, Chairman, Avaada Group
“Budget 2026–27 strikes balance between ambition, growth and discipline. With sustained public capex of ₹12.2 lakh crore, a clear fiscal consolidation path, and reforms like the Infrastructure Risk Guarantee Fund, it focuses on building long-term productive capacity rather than short-term stimulus. The emphasis on infrastructure, MSME scaling, transport, digital and logistics readiness sends a strong signal that India is investing for durable growth, competitiveness, and investor confidence.”
Paul Salnikoff, Managing Director and CEO, Executive Centre India Limited
“The Union Budget underscores the government’s continued focus on strengthening urban infrastructure and improving capital access for long-term commercial development. Over the past decade, instruments such as REITs and InvITs have enhanced transparency and institutional participation in India’s real estate ecosystem. The proposed infrastructure risk guarantee fund and calibrated partial credit guarantees further reinforce lender confidence by addressing construction-phase risks. For enterprise-focused workspace providers operating in India’s leading business districts, these measures support the creation of high-quality, professionally managed office environments aligned with evolving occupier expectations. The parallel emphasis on strengthening hospitality and service-led institutions also contributes to building a skilled, customer-centric workforce, supporting sustainable growth across office and workspace platforms.”
