Union Budget 2026, Feb. 1 -- Finance Minister Nirmala Sitharaman, in her Union Budget 2026 speech, said that a scheme for enhancement of construction and infrastructure equipment will be introduced to strengthen domestic manufacturing of high value and technologically advanced construction and infrastructure equipment (CIE).

The Finance Minister has proposed to roll out a scheme to boost construction and infrastructure equipment (CIE) manufacturing is intended to scale up domestic production of high-value, technologically advanced machinery, cut reliance on imports, and reinforce the Make-in-India initiative.

The move is especially supportive for capital goods, heavy engineering, and infrastructure-linked companies, as government outlay...