With the Union Budget 2026 approaching, industry stakeholders are sharing their expectations on policy direction, manufacturing support, and the future of mobility in India. The automotive sector, in particular, will be looking for continuity in reforms and measures that support long-term growth.
What Mr. Piyush Arora Said
Sharing his perspective ahead of the budget announcement, Mr. Piyush Arora, MD & CEO of Skoda Auto Volkswagen India, outlined key focus areas for the industry, “As the Union Budget approaches, after the successful and welcome implementation of GST 2.0, the industry will be looking for policy continuity and long-term clarity. Sustained support for domestic manufacturing and increased allocation for road and transport infrastructure will be key priorities. Rationalizing the inverted duty structure for EVs will strengthen domestic manufacturing and competitiveness, and will further accelerate India’s transition to sustainable mobility. Continued focus on building the EV ecosystem, alongside measures that support household disposable incomes, will be essential to sustain demand momentum and reinforce the sector’s role in India’s broader economic growth.”
As expectations build around Budget 2026, industry commentary continues to highlight the importance of infrastructure development, EV-focused reforms, and demand-side support in shaping the next phase of growth for India’s automotive sector.