Industry must invest, innovate; take advantage of Budget announcements: PM Modi
The Hindu
PM Modi urges industry to invest and innovate, leveraging Budget announcements to strengthen market confidence and achieve Viksit Bharat.
Prime Minister Narendra Modi on Friday (February 27, 2026) asked the industry to come forward with investment and innovation, and exhorted financial institutions to help them with practical solutions and strengthen market confidence.
Addressing a post-Budget webinar on ‘Technology, Reforms and Finance for Viksit Bharat’, Mr. Modi said when government, industry and knowledge partners come together, “reforms translate into results”, and “announcements on paper turn into achievements on the ground”.
Union Budget 2026-27 documents
In the last one decade, the government has laid emphasis on infrastructure, he said, adding that public capex has increased from ₹2 lakh crore 11 years ago, to over ₹12 lakh crore in the Union Budget 2026-27.
This high capex allocation is a signal to the private sector to come forward with new vigour, Mr. Modi said, adding that the industry should take advantage of all the 2026-27 Budget announcements.
"India Inc should come forward with fresh investment, innovation; financial institutions should help design practical solutions and improve market confidence," Mr. Modi said.
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