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News1801-02-2026, 16:00

Industry Leaders Applaud Budget 2026-27: Growth, Fiscal Discipline, and Innovation

  • Uday Kotak praises the Budget for balancing economic financialisation with focused development and increased defence spending.
  • Anil Agarwal highlights the Budget's growth-oriented approach, focusing on public capital expenditure, manufacturing, and opportunities for youth and women.
  • Anish Shah notes the Budget's commitment to enhancing India's global competitiveness, 'atma nirbharta', and inclusive economic growth.
  • Satish Reddy emphasizes the Budget's focus on structural reforms and the strategic importance of the pharmaceutical sector, particularly biologics and biosimilars.
  • Shailesh Chandra and Kiran Mazumdar-Shaw commend the increased capital expenditure and significant investment in biopharma, respectively, for driving economic growth and innovation.

Why It Matters: Industry leaders widely commend Budget 2026-27 for its focus on growth, fiscal discipline, and strategic sector investments.

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