The Economic Times

Steel industry players say Union Budget's push towards infra, MSME to support demand

The FY27 budget is set to boost India's economy and steel demand. Increased capital spending, support for industrial clusters, and a focus on MSMEs are key. These measures will strengthen infrastructure, improve logistics, and enhance domestic manufacturing. Steel companies expect growth across construction, automotive, and railway sectors. The budget also prioritizes cleaner technologies and modern production facilities.