As India’s growth momentum pivots from consumption to manufacturing and investment, a strategic focus on industrial development is essential for sustainable progress, says Nilesh Shah. He emphasizes the need for targeted manufacturing incentives, tax reforms to attract capital, and support for entrepreneurship in underdeveloped areas—key moves to drive job creation, raise incomes, and ultimately rejuvenate consumption.
Budget should prioritise manufacturing incentives to boost jobs and income: Nilesh Shah
Related Articles
Budget 2026: Rs 40,000 crore electronics component outlay lifts Dixon Tech, Kaynes, PG Electroplast, and other EMS stocks up to 7%
Shares of top electronics manufacturing services firms surged by as much as 7% after the government boosted the outlay for the Electronics Component Manufacturing...
Budget 2026: GMDC shares rally 5% as FM Sitharaman announces rare earth corridor
Shares of GMDC surged 5% following the Budget 2026 announcement of a rare earth corridor designed to strengthen India’s critical minerals supply chain. The...
NALCO, Hindustan Copper, Vedanta shares slump up to 19% sink as metal rout deepens; Here’s why
Metal stocks took a sharp hit on Budget Sunday, with Hindustan Copper plunging 19% and the Nifty Metal index sliding amid a broader commodity...

