Expand And Refine The PLI Framework

The Union Budget 2026 presents an important opportunity to further strengthen India’s manufacturing sectors.

“A supportive and predictable policy environment can accelerate local manufacturing and reinforce India’s position as a reliable production hub for both domestic and export markets.” Andre Eckholt, Managing Director – Hettich India, SAARC, Middle East & Africa

As Make in India enters a decisive phase, the Union Budget 2026 presents an important opportunity to further strengthen India’s manufacturing sectors. To take this momentum to the next level, the Budget should expand and refine the PLI framework across key industries and extend incentive timelines to provide greater certainty for long-gestation manufacturing investments. A supportive and predictable policy environment can accelerate local manufacturing and reinforce India’s position as a reliable production hub for both domestic and export markets. Sustained policy support under the Make in India initiative will enable domestic manufacturers to scale up, innovate, and compete globally.

The author is Andre Eckholt, Managing Director – Hettich India, SAARC, Middle East & Africa

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