Budget FY27: What CE Companies Are Watching

With the Union Budget for FY27 scheduled for February 1, the construction equipment (CE) sector is closely monitoring potential policy measures aimed at strengthening domestic manufacturing and reducing import dependence. According to sources, the government is considering an incentive scheme of over Rs 13,000 crore, targeting high-value equipment such as tunnel boring machines, ropeways, backhoe loaders, cranes, engines, and transmission systems.