Union Budget: Manufacturing & Factory Key Insights Brief

Category: Business

Union Budget 2026 places strong focus on manufacturing growth through higher capital expenditure, PLI schemes, and MSME support. It promotes infrastructure development, SEZ reforms, and plug-and-play industrial facilities to ease factory expansion. Key sectors like semiconductors, EVs, electronics, and rare earths receive targeted incentives, while tax and customs reforms aim to reduce costs and improve operational efficiency for manufacturers.