Union Budget 2025-26: What India Inc Wants
As Finance Minister Nirmala Sitharaman gears up to present the first comprehensive budget of the Modi 3.0 government on February 1, the nation anticipates a roadmap for transformative growth. The Union Budget 2025-26 is expected to outline a strategic economic vision for the next five years, focusing on fiscal stability, reigniting domestic demand, boosting exports, attracting private investments, and refining tax structures to foster innovation and sustainable expansion.
The year, in which India is set to surpass Japan as the world’s fourth-largest economy, brings both opportunities and challenges. For the first time since the pandemic, the Indian economy faces a projected slowdown, with the IMF forecasting growth at 6.5% for FY26 and FY27. The World Bank also estimates a steady growth rate of 6.7% for the next two fiscal years—a pace that remains the fastest among the world’s major economies.
With key areas such as GST rationalization, infrastructure development, and regulatory reforms in focus, the 2025-26 budget is poised to address pressing economic concerns and bolster consumer and investor confidence. The stakes are high, and the business community is keenly watching for measures that will shape the next chapter of India’s growth story.
Innovation: Building India’s Next Economic Milestone
A strong emphasis on innovation has emerged as a recurring theme among industry leaders, with many advocating for policies that encourage research and development (R&D). Lauding the government’s focus on economic growth and achieving the third largest economy status by 2030, Sanjeev Gambhir, Chief Executive Officer, Allied Moulded, India, underscored the potential of technological advancements to redefine India’s trajectory. He
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