In Budget, industrial sector seeks focus on modernisation, innovation, skilled manpower and job creation

Bhor said if GST returns are processed faster, industries will receive timely returns on their investments, which can then be utilised for further growth.

“Setting up export facilitation centres for rural industries, reconsidering and reducing electricity rates in Maharashtra, and implementing schemes that provide ease of business to small-scale industries will surely reduce the number of units shutting down. This will boost job creation and foster the development of both rural and women-led enterprises,” he said.

The Association said it expects this budget will be one that drives industries, startups, women rural entrepreneurs, increases employment, encourages innovation, and develops infrastructure.

The Association has also demanded subsidies for robotics and advanced machinery, easier access for startups to government contracts and better, implementation of schemes for women, enhanced logistics and rural export centers and lower electricity rates.

Sandeep Belsare, president, Pimpri Chinchwad Small Industries Association, said, “There is a pressing need for simplified loan schemes for micro, small, and medium enterprises (MSMEs). We are expecting that the budget will increase the loan limit of the Credit Guarantee Fund Trust for MSMEs.”

Belsare said they hope their long pending demand for a simplified process of GST registration and cancellation would be met this budget. “There is need for an appropriate policy regarding GST on leased premises and abolishing the 18% GST currently applied to it, as it is property-related.”

He said the budget should increase income tax limits and bring more simplicity to the tax structure. “We are hoping that there will be announcement for special concessions specifically for the MSME sector and restarting of the discontinued subsidies for the purchase of new machinery and provide a 15% subsidy.”

“Over the last few years, the government has established a robust foundation for India’s manufacturing growth through infrastructure investments, support for MSMEs, and a sustained push for domestic production, including in tier II and Tier III regions,” said Bharat Gite, CEO and MD Taural India.

Gite added, “As we move into the next phase of Make in India, the focus must expand from building capacity to building global competitiveness. We are hopeful that the Union Budget 2026–27 will accelerate this transition by supporting clean energy, sustainable mining, carbon-intelligent production, and wider MSME participation enabling India to scale sustainable manufacturing, strengthen export competitiveness, and emerge as a trusted global industrial partner.”