Industry must invest, innovate; take advantage of Budget announcements: PM Modi

Key Highlights

• This high capex allocation is a signal to the private sector to come forward with new vigour, 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,” Modi said.
• Over the past decade, India has demonstrated extraordinary resilience, the PM said, adding that this has not happened by chance but due to conviction-driven reforms.
• The government has also simplified processes and made ease of doing business much simpler.
• “My suggestion is that we should develop a clear ‘Reform Partnership Charter’ which will have collaboration between government, industry, financial institutions and academia.