Post Budget 2026 quote by Experts

Union Budget 2026–27 focused on sustained 7% growth through fiscal discipline, structural reforms, and people-centric development. It prioritised manufacturing, MSMEs, services, infrastructure, energy security, and trust-based governance, while advancing Viksit Bharat via inclusive growth, financial stability, and ease of doing business. The bullion industry had expected a cut in import duty on gold, GST rationalisation, export incentives and extended credit support. The Budget announced capital gains tax exemption on RBI Sovereign Gold Bonds, applicable only to original subscribers, not to secondary market buyers, while there were no announcements of any meaningful reduction in gold import duty or GST reforms.

Mr. Haresh Karamchandani, MD and Group CEO, HyFun Foods: "The Union Budget of 2026-27 emphasizes the importance of strengthening India’s logistics base and enhancing India’s competitiveness in exports through a number of initiatives, including the development of national waterways, dedicated freight corridors and promoting coastal cargo movement. The food processing and frozen food (FFPF) sector will require faster, more predictable movement of products and improved port connectivity to enable companies to grow exports, reduce discarded product and bolster resilient cold chains to support supply networks. Additionally, the budget’s focus on enhancing productivity in agriculture through technology-led governance, including the implementation of digital and AI enabled systems throughout the agri value chain, will ultimately enable processors to work more closely with farmers through greater consistency, traceability and planning of their crops. Continued investment in integrated infrastructure, consisting of farms, cold storage, transport corridors and seaports, will be paramount to tap India’s potential of being a global hub for exports of processed and frozen food."

Mr. Shobhit Singh, MD & CEO at Stone Sapphire India Pvt. Ltd  “The Union Budget 2026–27 reinforces the government’s intent to strengthen domestic manufacturing and build globally competitive Indian brands. The focused effort towards micro, small and medium enterprises; the revival of traditional industrial clusters; and the focus on specific product sectors like sport's goods manufacturing in the 2026-27. Budget will be a great benefit for many other sectors such as Toys, Stationary, Sporting Equipment & Homeware. The budget provides a strong indication that sports is going to become a growth sector and provide job opportunities.The dedicated initiative to promote manufacturing, research and innovation in sports goods, alongside the expanded Khelo India mission’s focus on talent pathways, coaching and infrastructure, is a strong signal for companies across sports equipment, materials and the wider home-and-lifestyle consumption chain.

Supporting the Production of sports goods by creating an Eco-system for Sports Goods Design/Development and Material Innovation is a timely initiative as it creates a solid basis for companies such as Stone Sapphire India, to increase their domestic value added , improve their quality of product and lessen their reliance on imports. These measures, along with investment in infrastructure, skills and innovation, will assist organized players grow responsibly and support India's expanding Sports & Fitness Economy. Over time, improved connectivity, city-led growth and services-driven demand should further expand the addressable market for organised consumer categories. We see this Budget as a positive step towards accelerating long-term growth while contributing meaningfully to India’s manufacturing and sports ecosystem.”