This Union Budget is at a critical juncture for India to set the stage for sustainable economic growth, amid global trade headwinds and an uncertain external environment. With public capital expenditure continuing to anchor economic momentum with ₹11.21 lakh crore earmarked for FY2025–26, India’s infrastructure push remains a critical driver of GDP growth and employment. For the construction equipment industry, we expect demand recovery to be led by rising private capex, expanding export opportunities, defence applications and sustained investments in airports, railways and freight corridors. Supportive policy measures, including GST rationalisation, easing interest rates and improved liquidity, will be further vital to crowd in private investment and strengthen industry confidence.
As project execution accelerates, visibility across equipment categories will improve, alongside deeper adoption of digital technologies such as telematics and predictive analytics. By prioritizing these strategic initiatives, the government can pave a thriving and inclusive future, contributing to India’s role in the global economy.
