As the industry looks toward India’s Budget 2026, the wire and cable sector expects the government to deploy multiple growth-enabling levers to sustain momentum. A key expectation is a continued increase in capital expenditure on infrastructure development, including railways, airports, seaports, metro and urban utilities (power and communication), which directly drives demand for wires and cables. The industry also sees significant opportunity in higher spending on real estate and housing, supported by reforms in land acquisition processes and easier access to financing to create stronger consumer pull. By combining infrastructure expansion with targeted incentives for AI-led manufacturing and reinforcing the ‘Make in India’ vision, Budget 2026 can offer the stability and policy clarity needed for the manufacturing ecosystem to achieve long-term market leadership and economic resilience. 

Mahesh Vishwanathan, Deputy CEO & CFO, Finolex Cables Ltd