By:- Mr. Rahul Garg, Founder & CEO, Moglix
Manufacturing Sector
“The Union Budget 2026 aligns with India’s long-term vision of a resilient, self-reliant manufacturing powerhouse on the global stage. Its strong manufacturing focus through targeted support for strategic sectors, legacy industrial clusters, and a record ₹12.2 lakh crore capex is a game-changer. Investments in modernization, the new Surat-Dankuni East-West Dedicated Freight Corridor, capital goods schemes, and large textile parks will cut logistics costs, improve productivity, and deepen global value chain integration, propelling India’s manufacturing journey forward.”
Semiconductor Sector
“The launch of India Semiconductor Mission 2.0 with an outlay of Rs 40,000 crore represents a major milestone for India’s technology manufacturing ambitions. By focusing on equipment manufacturing, materials, full-stack chip design and domestic intellectual property, the programme addresses critical capability gaps. The additional Rs 10,000 crore Shakti initiative and industry-led training centres will further strengthen the talent pipeline and supply chain resilience, accelerating India’s semiconductor self-reliance.”
Supply Chain and Logistics
“The East–West Dedicated Freight Corridor, along with the Rs 10,000 crore container manufacturing scheme, significantly strengthens India’s industrial logistics backbone. Improved rail freight capacity will reduce transit time and logistics costs, while domestic container manufacturing will enhance export readiness. Textile cluster upgrades and mega parks will also benefit from faster multimodal connectivity, creating integrated production-to-export supply chains that improve reliability and global competitiveness.”
AI and Emerging Technologies
“The Budget’s emphasis on artificial intelligence, quantum research and innovation-led missions strengthens India’s technology backbone. These investments enable enterprises to deploy AI across manufacturing optimisation, procurement automation and supply chain forecasting. When combined with sectoral programmes such as textile modernisation and industrial cluster rejuvenation, emerging technologies will play a critical role in improving productivity, quality control and operational efficiency across traditional and advanced industries.”
MSME
“The Budget puts in place a set of structural measures that will strengthen the MSME ecosystem particularly the TReDS mandate, enhanced credit guarantee support and the ₹10,000 crore SME Growth Fund. Mandating CPSE procurement settlement via TReDS is likely to improve payment cycles and working capital efficiency over time. The integrated textile programme, cluster modernisation initiatives and skilling upgrades under SAMARTH 2.0 further support labour-intensive MSMEs. Taken together, these interventions expand access to formal credit, improve operational capability and create a clearer pathway for small enterprises to scale into competitive industrial players.”
