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Union Budget 2026: Sectors – Ministry of Commerce; Infrastructure & Manufacturing; Logistics, Supply Chain & Tech Mobility

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SEPC – Services Export Promotion Council

Mr. Abhay Sinha, Director General, SEPC – Services Export Promotion Council

“Hoping to hear from you soon. The Union Budget 2026-27 reinforces the services sector as a core engine of Viksit Bharat, with targeted measures across education-to-employment linkages, medical value tourism, IT and digital services, tourism, and the creative economy. Initiatives such as rationalisation of safe harbour provisions for IT services, promotion of medical value tourism hubs, stronger skilling pathways for allied health and caregiving services, and trust-based trade facilitation are poised to lift India’s global competitiveness in services exports.

SEPC welcomes these forward-looking steps, which will further improve ease of doing business, strengthen service quality and compliance readiness, and provide a clearer runway for sustained, export-led growth in India’s services sector.”
 

Ascolite

Mr. Navin Aswani, Managing Director, Aswani Industries Pvt. Ltd. (Ascolite)

“The 2026 Union Budget sends a positive signal for India’s infrastructure and manufacturing sectors. Continued focus on infrastructure development, including in tier-2 and tier-3 cities, will support more balanced and sustainable growth. The proposed ₹20,000-crore allocation for Carbon Capture, Utilisation and Storage (CCUS) is a practical step towards decarbonisation, especially for hard-to-abate industries. For manufacturers, these measures create opportunities to adopt cleaner technologies, strengthen competitiveness, and align sustainability goals with long-term business growth.”

Roadcast

Mr. Rahul Mehra, Co-founder, Roadcast (Logistics, Supply Chain & Tech Mobility)

“The Union Budget sends a clear signal of India’s intent to strengthen its logistics and supply chain capabilities at a global scale. The focus on infrastructure development, coastal cargo movement, container manufacturing, and last-mile connectivity in tier-2 and tier-3 cities directly addresses the industry’s need for efficiency, resilience, and scalability. The emphasis on reducing import dependence, integrating rail, road, and coastal transport, and encouraging technology-enabled fleet management is particularly encouraging. For vehicle telematics companies, this creates an enabling environment for faster automation, improved fleet visibility, lower logistics costs, and a more tech-driven role for India in global trade.

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The Business Daily

The Business Daily is North East India’s first Financial News Portal. This Pink Portal covers all big breaking news from the world of Business, Brands, Politics, Entertainments, Sports etc.
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The Business Daily
The Business Daily is North East India’s first Financial News Portal. This Pink Portal covers all big breaking news from the world of Business, Brands, Politics, Entertainments, Sports etc.
http://www.thebusinessdaily.in

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