budget 2026: Budget 2026 builds confidence but defence misses spotlight: Anant Goenka, President , FICCI – The Economic Times Video
Industry leaders have welcomed the Union Budget 2026 to maintain policy continuity amid global uncertainty. Speaking to ET Digital, FICCI President and RPG Group Vice-Chairman Anant Goenka said that the budget strikes a balance between growth, inclusion and future-oriented reforms. Goenka emphasized that controlled inflation, low NPAs, stable government policy and sustainable infrastructure investments are key confidence boosters for the Indian industry. He said focusing on infrastructure, manufacturing, MSMEs, data centres, artificial intelligence, semiconductors and biopharma will help reduce costs and increase competitiveness. But he flagged defense capital spending and R&D as an area where the industry expects stronger signals, especially in the face of changing global warfare dynamics. According to Goenka, Budget 2026 may not offer “big bang announcements” but it does offer predictability and execution focus that are critical for long-term investment and growth.
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