Budget 2026

Budget 2026 Expectations India: Drone PLI 2.0, Tax Reforms, Manufacturing Push, Capex ₹50L Cr (Feb 1 Full Preview)

Industry demands 15% tax new units, drone incentives ₹10K Cr 5yrs, AI R&D boost—fiscal consolidation targets 4.5% deficit post-Q3 M&A surge!

Updated 6 months ago1 min read
Budget 2026 Expectations India: Drone PLI 2.0, Tax Reforms, Manufacturing Push, Capex ₹50L Cr (Feb 1 Full Preview)
Union Budget 2026 Expectations: Drone Shakti PLI, 15% Manufacturing Tax, Capex Boost & Reforms
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Union Budget 2026 Expectations: Boost for Drones, Manufacturing Tax Reforms & Capex Push

February 1, 2026 | Presented by FM Nirmala Sitharaman
Industry calls for Drone Shakti ₹10,000 Cr incentive scheme, revival of 15% corporate tax for new factories, higher infrastructure capex & sustained fiscal discipline.

Finance Minister Nirmala Sitharaman preparing to present Union Budget in Parliament

Top Industry Demands for Budget 2026

PriorityDemandDetailsExpected Impact
1Drone Shakti Incentive₹10,000 Cr over 5 years (capex + output linked)Position India as global civilian drone hub, boost exports & jobs
215% Corporate Tax RevivalReintroduce Section 115BAB for new manufacturing unitsAttract FDI, spur ₹5+ lakh Cr fresh capex
3Infrastructure Capex Boost₹50+ lakh Cr allocation pushDrive steel, cement demand & economic multiplier
4AI & R&D IncentivesDedicated fund & enhanced deductionsStrengthen digital sovereignty & innovation
5EV Ecosystem SupportExpanded charging infra & incentivesAccelerate green mobility adoption
6Fiscal Deficit TargetAround 4.5-5% of GDPSustainable debt path with growth focus
Indian drone manufacturing facility under PLI scheme

Sector-Specific Wishlist

  • Drones & Defence: New Drone Shakti scheme separate from existing PLI to build scale & domestic value addition.
  • Manufacturing: Revival of concessional 15% tax rate to attract global companies post-COVID setbacks.
  • Infrastructure: Sustained high capex for roads, highways & urban projects.
  • AI & Tech: Dedicated R&D funding and incentives for next-gen capabilities.
  • EV & Green Mobility: Faster rollout of charging stations nationwide.
Major highway construction project under India's infrastructure capex push Modern roads and bridges symbolising capex-driven growth AI research centre initiative in India EV charging station in operation in India Public EV charger network expansion across India India's economic growth and fiscal deficit trajectory chart

Which Budget 2026 Announcement Will Transform India's Manufacturing Story?

Drone Shakti, tax revival or mega capex? Share your predictions!
Watch Live on Feb 1 →

#Budget2026 #DroneShakti #MakeInIndia #ViksitBharat

Based on industry reports, pre-budget consultations & official sources as of December 26, 2025.
For live updates & official speech, visit indiabudget.gov.in.

#budget 2026 expectations#drone pli 2.0#manufacturing tax reforms 2026#india fiscal deficit 2026#capex budget febr

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