Budget 2026 FICCI Survey| Budget 2026 FICCI Serve convincing 80% of industry India’s growth prospects
Budget 2026 FICCI Survey| A recent survey conducted by the Indian Council of Commerce and Industry (FICCI) has witnessed deep enthusiasm among Indian industries. According to ‘Pri-Budget Survey 2026-27’, nearly 80 percent The respondents have unbrokenly relied on the prospects of the development of the country.
The main excerpts and budgets of the survey are expected to the industry for 2026-27:
Economic Development and Fiscal Positions| Budget 2026 FICCI Survey
- GDP growth: Around 50% of participants involved in survey estimates that in FY 2026-27 GDP growth rate of India 7-8 percent In spite of global uncertainties, which reflects the strong economic foundation of the country.
- Fiscal deficit: The industry has trusted the financial management of the government. 42% of respondents expect GDP for 2025-26 4.4% The goal of fiscal deficit will be achieved.
Main Preferences for Budget 2026-27
Three major comprehensive economic priorities have been outlined for the upcoming budget in the survey:
- Employment Generation: Promote new jobs opportunities.
- Infrastructure (Infrastructure): Continuous investment in the infrastructure sector.
- Export(Exports): stringent support to increase India’s share in global business.
Focus on Strategic Areas
respondents Infrastructure, Manufacturing (Manufacturing), Defence and MSME As suggested to keep areas in focus.
- Electronics: A ‘Mega Electronics Industrial Cluster’ has been suggested to boost the electronics sector where manufacturers (OEMs) and suppliers can work in one place.
Large demand for defense and drone field
- Capital Expenditure: Increased share of capital expenditure in allocation of Defence Budget 30 percent It is recommended to develop modern weapons, UAVs (Drone), and AI-based systems.
Export and Trade Improvement
Given the tariff uncertainty and environmental regulations (e.g. CBAM) globally, the industries have sought more assistance in exports:
- Business feature: Simplifying customs processes and removing logistic barriers.
- RoDTEP: Recommend to increase allocation under the RoDTEP plan to increase export competition.
Policy Correction and Tax (Tax) Expectations
- Customs rationalization: Import-Export Fee Slabs Only Three levels Suggested to bring on so that the complexity is reduced.
- Direct Tax Simplifying compliance (Compliance) through digitization and improving tax dispute resolution.
