India's Budget 2026 Expected to Promote Manufacturing Growth and Technological Advancement

As India prepares its Union Budget 2026, expectations focus on advancing manufacturing to enhance economic growth and self-reliance. The budget is anticipated to address labor reforms, infrastructure, and support for MSMEs amid global challenges. Emphasis is also on transitioning towards high-tech, value-added manufacturing through technology integration, innovation, and skills development, with potential incentives for automation and smart factory systems to boost competitiveness and productivity.