
Mumbai, Maharashtra, 1st of February, 2026 : Dhaval Radia, Chief Financial Officer (India), ZEISS Group
Union Budget 2026 reinforces stability at a time when global uncertainty remains elevated. The government’s continued focus on capital expenditure, infrastructure & logistics, tech-driven compliance and fiscal discipline provides an important foundation for medium-term growth and investor confidence.
That said, India’s next phase of value creation will increasingly depend not just on public spending alone, but on the competitiveness of its operating environment. For advanced manufacturing and healthcare technology companies, challenges today lie in structural frictions such as customs complexity, inverted duty structures, regulatory overlaps, and interpretational tax uncertainty.
As India aspires to move up the value chain – from scale to sophistication – future policy frameworks will need to place greater emphasis on predictability, simplification, and governance. This shift will be critical for attracting long-term investments, accelerating innovation, and positioning India as a global hub for precision manufacturing and technology-led growth.

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