Budget 2025: What Asit C Mehta expects for rail, defence, auto and other sectors

The FY26 Union Budget signals a robust approach to strengthen national security, revitalize the automotive industry, and foster private sector-led infrastructure development. By prioritizing defense spending, providing tax reliefs for the automotive sector, and introducing incentives for private investment in infrastructure, the budget aims to unleash economic growth, job creation, and innovation. While also touching on renewables and electric vehicles, it maintains a critical balance with traditional energy sectors, underlining a commitment to pragmatic environmental strategies without hampering economic prosperity.

The upcoming FY26 Union Budget reveals a transformative vision, centering on rail, defense, and the auto sectors with a keen focus on environmental sustainability and social equity. It ambitiously champions public transportation, significantly boosts funding for renewable energy, and introduces sweeping incentives for electric vehicles. Additionally, the budget promises substantial investments in affordable housing and infrastructure, laying the groundwork for a more inclusive and ecologically responsible economy.