“For the cable carrier and motion control solutions industry, the focus on smart factories, robust logistics expansion, and capital goods growth is encouraging, as it will create sustained demand for reliable, high-performance systems.” Srinivas P. Kamisetty, Managing Director, Kabelschlepp India Private Limited, a member of the Tsubaki Group
The Union Budget 2026 sends a positive message to India’s manufacturing and machine tool industry. Continued emphasis on infrastructure development, ‘Make in India’, and investments in advanced, especially AI-driven manufacturing, will strengthen domestic capabilities and global competitiveness. The announcement of a ₹10,000 crore SME Growth Fund by Finance Minister Mrs. Nirmala Sitharaman is particularly encouraging, as it will improve credit access and support the modernization of industrial clusters, thereby catalyzing the development of the entire sector. For the cable carrier and motion control solutions industry, the focus on smart factories, robust logistics expansion, and capital goods growth is encouraging, as it will create sustained demand for reliable, high-performance systems. At Kabelschlepp India, a member of the Tsubaki Group, we view this budget as a strong growth proponent that will accelerate technology adoption, localization, and long-term growth across the industrial value chain.”
The author is Srinivas P. Kamisetty, Managing Director, Kabelschlepp India Private Limited, a member of the Tsubaki Group.
