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Budget 2026‑27: Govt Announces New Scheme for CE Manufacturing

Announcing the Budget 2026-2027 speech, Finance Minister Nirmala Sitharaman introduced a new Scheme for Enhancement of Construction and Infrastructure Equipment (CIE), which will help in the industry moving closer towards self reliance. An amount of Rs 200 crore has been proposed for the scheme for 2026-2027. The centerpiece of the industrial proposal is the CIE… Continue reading Budget 2026‑27: Govt Announces New Scheme for CE Manufacturing

Budget FY27: Allocation estimates for PLI Auto at Rs 5,940 crore

The Union Budget for 2026-27 (FY27) has allocated Rs 5,940 crore for the Production Linked Incentive (PLI) Scheme for Automobiles and Auto Components under the Ministry of Heavy Industries. The Rs 25,938-crore output-linked incentive scheme was launched in 2021 and will run till March 31, 2028 (FY28).  Budget documents show that in FY25, the scheme… Continue reading Budget FY27: Allocation estimates for PLI Auto at Rs 5,940 crore

Toyota Kirloskar Motor Begins 2026 with 15% Rise in January 2026 Sales

Toyota Kirloskar Motor (TKM) has started calendar year 2026 on a positive footing, posting a 15 percent year-on-year increase in sales in January, as steady demand for its core MPV and SUV portfolio helped offset a largely flat export performance.The company sold 33,880 vehicles in the month, compared with 29,371 in January 2025. Domestic sales… Continue reading Toyota Kirloskar Motor Begins 2026 with 15% Rise in January 2026 Sales

Budget Slashes Excise Burden on Bio-CNG Mix

Finance Minister Nirmala Sitharaman during her Union Budget 20226 announcements, declared that when calculating central excise duty on biogas-blended CNG, the entire biogas value will now be excluded, making blended fuel cheaper without the tax drag on its green component. Biogas, made from farm waste like crop stalks and garbage, mixes with regular CNG to… Continue reading Budget Slashes Excise Burden on Bio-CNG Mix

Trucks and CVs may gain the most from Budget 2026–27

Union Budget 2026–27 may not have announced a dedicated scheme for trucks or commercial vehicles, but its strong emphasis on infrastructure expansion, freight corridors, waterways and state-backed transport deployment lays the foundation for sustained demand across the commercial vehicle ecosystem. Presenting the Budget, Finance Minister Nirmala Sitharaman underlined the government’s continued reliance on infrastructure-led growth.… Continue reading Trucks and CVs may gain the most from Budget 2026–27

Budget 2026‑27: Govt Extends Customs Duty Exemption for Capital Goods Used for Li‑Ion Cell Manufacturing

The government has proposed to extend basic customs duty (BCD) exemption on capital goods used for manufacturing lithium-ion cells as part of its push to strengthen India’s clean energy and energy security goals. Announcing the proposal in the Union Budget on Sunday, Finance Minister Nirmala Sitharaman said the move is aimed at supporting the country’s… Continue reading Budget 2026‑27: Govt Extends Customs Duty Exemption for Capital Goods Used for Li‑Ion Cell Manufacturing

Budget 2026‑27 Formalises Gig Workforce With ID Cards and Health Cover, Key to Urban Mobility

Presenting the Budget, Finance Minister Nirmala Sitharaman announced targeted measures for platform-based workers, a segment closely tied to last-mile delivery and app-based mobility services. “Gig workers on online platforms play a vital role in driving India’s new-age services economy; recognising their contribution, the government will facilitate the issuance of identity cards and registration of gig… Continue reading Budget 2026‑27 Formalises Gig Workforce With ID Cards and Health Cover, Key to Urban Mobility