Budget 2026 Drives EV, Auto Components, and Advanced Manufacturing Growth

Mr Rahul Kejriwal, Executive Director, Remsons 

“We welcome the Union Budget 2026–27 and its strong focus on strengthening India’s position as a global hub for manufacturing and innovation. The push for targeted investments in advanced manufacturing, capital goods and clean mobility solutions open up fresh opportunities across vehicle manufacturing, auto components, and EV. EV component support will significantly benefit domestic electric motor manufacturing for two-wheelers, three-wheelers, and commercial EVs. Overall, the Budget will significantly strengthen domestic value chains and support the auto components sector.”