By:- Mr Ravichandran Purushothaman, President, Danfoss India
From a manufacturing and industry standpoint, the Union Budget 2026 is a blueprint for long-term resilience rather than a set of one-off announcements. The launch of ISM 2.0 and the expanded focus on electronics and capital goods signal a clear intent to build indigenous depth across the industrial value chain.
What is particularly encouraging is the practical attention given to the revival of 200 legacy industrial clusters and the robust support for MSMEs through the new SME Growth Fund and enhanced liquidity measures. These interventions, coupled with the push for infrastructure in Tier 2 and 3 regions, will create a more inclusive manufacturing ecosystem that can scale beyond the metros.
The Budget also reflects a steady commitment to India’s green growth, with strategic measures for energy storage, CCUS, and nuclear power. At Danfoss India, we welcome this forward-looking vision. We remain committed to being the preferred partner in India’s journey toward competitive decarbonization, providing the energy-efficient solutions and automation technologies that enable Indian industry to do more with less.