By – Ravindra Singh Negi, Managing Director and CEO, Orient Electric
“The Union Budget 2026 reinforces the government’s commitment to Atmanirbhar Bharat by strengthening domestic manufacturing, accelerating infrastructure development, and enhancing long-term energy security. The focus on scaling manufacturing capabilities, improving cost competitiveness, and supporting exports is a positive step towards building globally competitive Indian enterprises.
The emphasis on infrastructure and housing-led development in Tier II and Tier III cities, alongside initiatives to boost household incomes, is expected to stimulate demand for energy-efficient consumer electricals and appliances. As access to reliable power and urban infrastructure expands, demand for modern, efficient products will continue to rise.
Overall, this growth-first budget reinforces the positive demand outlook for electricals, appliances, and housing-linked categories, signaling a robust phase of economic expansion.”