Sharing his views on the Union Budget 2026, Mr. Sidhartha Bhushan Khurana, Managing Director, STUDDS Accessories Ltd., “The Union Budget 2026 provides a steady and pragmatic framework for India’s manufacturing transition. By scaling capital expenditure to ₹12.2 lakh crore and focusing on City Economic Regions, the government is effectively strengthening the infrastructure that drives consumption in Tier II and III cities—the primary growth engines for the two-wheeler industry.
The ₹10,000 crore SME Growth Fund and the mandatory adoption of TReDS are critical structural shifts that will address long-standing liquidity and scaling hurdles within the MSME ecosystem. Similarly, the High-Powered ‘Education to Employment and Enterprise’ standing committee is a necessary step to align our talent pool with the evolving needs of high-tech manufacturing as we aim for a 10% global share by 2047.
As an organization deeply committed to Road Safety, we see the government’s focus on ‘National Kartavya’ as a shared responsibility. This budget balances the need for resilience with a clear roadmap for capacity building, creating a constructive environment for Indian manufacturers to expand their footprint both domestically and globally.”