New Delhi, Feb. 2 -- The PlastIndia Foundation, representing India's plastics industry, has welcomed the Union Budget 2026-27, describing it as a balanced, forward-looking plan that supports economic growth, manufacturing competitiveness, and sustainability.

Ravish Kamath, President, PlastIndia Foundation, said, "The Budget's strong emphasis on infrastructure development, manufacturing, MSME support, ease of doing business, and skilling will have a positive multiplier effect on the plastics and downstream industries, which are integral to sectors such as packaging, agriculture, healthcare, construction, and mobility."

"Measures aimed at boosting domestic production, encouraging innovation, and enhancing infrastructure will significantly...