New Delhi, Jan. 22 -- Jacob Jose, CEO and Managing Director, Methods India, believes targeted incentives can strengthen India's domestic manufacturing ecosystem. Jose says rationalisation of customs duties on critical raw materials and components, along with incentives for capacity expansion, would help engineering companies manage cost pressures and scale responsibly. In an interview with Mint, Jose shared the industry's budget expectations and key trends and opportunities in the bulk material handling systems market. Edited excerpts:

India's infrastructure momentum needs to be matched with consistent policy support for the capital goods and engineering ecosystem that enables execution on the ground.

From our perspective, faster projec...