Union Budget of India 2026-27: Boosting the Capital Goods Sector
The Union Budget for FY 2026-27 of India focuses on strengthening the capital goods sector, crucial for the country's industrial and infrastructure advancement. Emphasizing public capital expenditure, the budget proposes ₹12.2 lakh crore for capital expenses and announces several initiatives, including a Container Manufacturing Scheme and support for electronics manufacturing. It highlights the importance of the capital goods industry in boosting manufacturing capabilities, facilitating technological progress, and ensuring long-term economic growth.
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