India’s 2026 Budget takes shape as Sitharaman meets industry leaders
Finance Minister Nirmala Sitharaman has begun preparations for the upcoming Budget, set to be unveiled on 1 February 2026. The discussions come at a time when India faces economic challenges, including geopolitical tensions and a 50% US tariff on Indian exports. Industry leaders and top officials recently gathered to shape key priorities for the financial year 2026-27.
Ahead of the Budget presentation, Sitharaman held a pre-budget consultation with infrastructure and energy sector experts. The meeting included high-profile attendees such as Afcons Managing Director S Paramasivan, Shapoorji Pallonji Infrastructure Capital Director Manish Tripathi, and GMR Group Deputy Managing Director K Narayanarao. Also present were JM BAXI Group Director Sandeep Wadhwa, Infravision Foundation CEO Jagan Shah, and senior government officials.
The Budget for FY27 will focus on reviving demand, increasing employment, and securing higher growth rates. With the economy expanding at a moderate pace, the government’s policies will play a crucial role in shaping India's financial trajectory. The final proposals will be announced in Parliament on 1 February 2026.