September 30, 2026
Uncategorized

Budget’s manufacturing focus to support exports amid global headwinds (Soban News)

Several announcements in the FY27 budget, such as a scheme for container production and rationalisation of customs duties, would help boost domestic manufacturing and the country’s exports, according to exporters.
They said that amid turbulent times, trade tensions, global headwinds and multiple challenges in the international market, the budget proposals will extend a helping hand to the domestic industry.
Sanjay Budhia, Chairman of CII’s National Committee on Exports and Managing Director of Patton International Ltd, said the Union Budget 2026-2027 is a positive pointer unveiling the growth agenda and unleashing the growth potential of the country.
“The proposed Rs 10,000-crore scheme for building a globally competitive container manufacturing ecosystem is a timely and strategic intervention,” he said.
The focus on developing indigenous container capacity will reduce import dependence, lower freight costs, and provide operational flexibility for India’s export logistics, Budhia .​Several announcements in the FY27 budget, such as a scheme for container production and rationalisation of customs duties, would help boost domestic manufacturing and the country’s exports, according to exporters.
They said that amid turbulent times, trade tensions, global headwinds and multiple challenges in the international market, the budget proposals will extend a helping hand to the domestic industry.
Sanjay Budhia, Chairman of CII’s National Committee on Exports and Managing Director of Patton International Ltd, said the Union Budget 2026-2027 is a positive pointer unveiling the growth agenda and unleashing the growth potential of the country.
“The proposed Rs 10,000-crore scheme for building a globally competitive container manufacturing ecosystem is a timely and strategic intervention,” he said.
The focus on developing indigenous container capacity will reduce import dependence, lower freight costs, and provide operational flexibility for India’s export logistics, Budhia . ​Latest News [ SOBAN NEWS: International and National ]

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