Mr. Ravikant Uppal, Chairman & Managing Director, SISCOL
“Budget 2026 sends a clear signal of policy continuity and scale in India’s infrastructure revolution. The Union Budget has taken several measures to expand the infrastructure network and development across the country. The Finance Minister has proposed to raise the capital expenditure target to Rs 12.2 lakh crore for FY27 from Rs 11.2 lakh crore earmarked for the current fiscal. Investments in freight corridors, container manufacturing, urban transport and the announcements related to plans to develop seven high-speed rail corridors connecting key cities in the country will translate into sustained demand for high-quality structural steel. These will give a strong boost to promoting infrastructure development across the country. Also, the announcement related to an allocation of Rs 5,000 crore per City Economic Region (CER) over five years will provide momentum to expand / build new offices, warehouses and industrial parks in urban areas. Additionally, the tax incentives for global da...