Mr. Gautam Singhania CMD, Raymond Group shares his expectations for the Union Budget 2026
Chandigarh, Jan 16: “The Budget presents a timely opportunity to accelerate India’s progress toward ‘Viksit Bharat’ while reinforcing the domestic consumption cycle. Measures that support consumer sentiment and disposable incomes can provide a meaningful boost to demand across sectors such as retail and real estate.
At the same time, the next phase of growth will be driven by deepening ‘Make in India’ for global markets. With the India EU FTA on the horizon, strengthening export competitiveness in traditional sectors like textiles, alongside a calibrated shift toward high value manufacturing, will be critical.
As global supply chains continue to realign, India is well placed to scale in advanced manufacturing segments such as aerospace and defence. Policy support that encourages technology adoption and capital efficiency will enable Indian manufacturers to move from assembly led operations to becoming integral partners in global value chains. A Budget that balances fiscal discipline with an emphasis on manufacturing scale will reinforce India’s position as a trusted alternative in the global economy.”