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2, Feb 2026
Union Budget Reaction DEE Development Engineers

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By:- Mr. K.L. Bansal, Chairman and Managing Director, DEE Development Engineers

“What stands out from this Budget is the continuity in supporting sectors that require sustained capital investment and long-term planning. There is a clear acknowledgement of emerging areas such as alternative and clean fuels, alongside core segments like nuclear power and steel. For industries that operate on long execution cycles, policy stability and public investment provide the confidence needed to plan capacity, deepen localisation, and strengthen manufacturing capabilities over time. Equally important are the customs reforms announced, particularly the move towards automated, trust-based clearance and reduced compliance touchpoints, which will meaningfully improve ease of doing business and reduce transaction timelines for manufacturers.

The approach to the energy transition also appears balanced and practical. Clean energy solutions such as biomass and waste-to-energy are being recognised for their ability to address emissions, rural income generation, and energy availability together. When combined with nuclear power as a stable, low-carbon baseload and steel as the backbone of infrastructure development, this creates a more integrated energy and manufacturing framework. Looking ahead, such alignment between policy intent and industrial needs, supported by smoother trade facilitation, should help attract long-term investment, improve domestic competitiveness, and support steady, sustainable growth across the sector.”

 

 

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