The Government of India now wants that Made in India should not remain just a slogan, but should become a ground reality. Before Union Budget 2026, the government will spend approximately Rs. Working on incentive packages worth Rs 23,000 crore. The objective of these schemes is to increase manufacturing in the country and reduce dependence on imports. The biggest package is being prepared for the construction equipment sector, so that heavy machines like tunnel boring machines and cranes can be made in India. There will be emphasis on local production of advanced components, safety systems and sensors for the auto sector. This can provide huge benefits to domestic companies, exports and the overall economy.
Boost of Made in India, Incentives to Capital Goods and Auto Sector before Budget 2026. Money Live | Made in India initiative gets a boost before Budget 2026; Incentives for Capital Goods and Auto Sector
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