FICCI President Anant Goenka: Budget Boosts Private Capex in 7 Key Sectors

"In era of turmoil across the world, India has emerged as a stable macroeconomic force," Goenka said.

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Moneycontrol•01-02-2026, 14:21

FICCI President Anant Goenka: Budget Boosts Private Capex in 7 Key Sectors

•FICCI President Anant Goenka states the Union Budget's focus on seven strategic sectors will stimulate private capital expenditure.
•Goenka highlights increased capacity utilization and consumer relief from tax cuts as factors boosting private capex.
•The Budget aims to make India a global manufacturing hub, focusing on Biopharma, Semiconductors, and Textiles among others.
•Key initiatives include Biopharma SHAKTI (₹10,000 cr), India Semiconductor Mission 2.0, and increased outlay for Electronics Components Manufacturing (₹40,000 cr).
•Proposals also include Rare Earth Corridors, a Container Manufacturing Scheme (₹10,000 cr), and tax holidays for foreign data center investments.

Why It Matters: The Union Budget's strategic focus on seven key sectors is set to significantly boost private capital expenditure in India.

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