Mr. Niranjan Kirloskar, Managing Director,  Fleetguard Filters Private Limited

“Union Budget 2026 clearly signals the government’s intent to anchor growth in infrastructure and manufacturing. With capital expenditure set at ₹12.2 lakh crore for FY 2026–27, industries can expect a strong multiplier effect across capital goods, construction equipment, mobility, and industrial operations. For sectors reliant on heavy machinery, engines, and fleet movement, this translates into higher equipment utilisation and sustained demand for reliable, high-performance filtration and operational solutions. Equally significant is the focus on Tier II and Tier III cities as emerging industrial and logistics hubs. As manufacturing clusters expand beyond metros and supply chains become more efficient, industrial activity will deepen across regions, supporting economic growth while raising standards in operational efficiency, emissions control, and equipment longevity — areas where advanced filtration technology plays a critical role.

From an ease-of-doing-business perspective, procedural tax relief and clearer policy frameworks will reduce compliance friction and accelerate project execution for manufacturers and infrastructure players. The Budget’s emphasis on developing rare earth and critical mineral mining corridors in states like Odisha, Kerala, Andhra Pradesh, and Tamil Nadu is timely, strengthening domestic supply chains and supporting mining, power, and heavy engineering sectors that depend on robust, high-performance filtration systems. Overall, this Budget moves beyond short-term stimulus to focus on building long-term capacity. By strengthening infrastructure, securing supply chains, and promoting regional growth, it sets the stage for industries to invest in efficiency, reliability, and sustainability, aligning with India’s vision of a resilient, self-reliant, and future-ready economy under the Viksit Bharat agenda.”