New Delhi, Jan. 30 -- Mohit Khanna, Portfolio Manager - PMS for PGIM India AMC, believes Indian corporates will deliver healthy earnings growth in the years 2026 and 2027. "India's corporate earnings are entering a fascinating phase- one that's anything but uniform," Khanna said in an interview with Mint. On the Budget 2026 front, Khanna expects the government to focus on manufacturing and infrastructure development, which will ultimately lead to increased employment. Edited excerpts:

Last year, the government focused on reviving sulking consumption while moderating capital spending.

The theme continued when the government lowered GST rates, foregoing revenues for pushing consumption. The consumption cycle takes more than just a tax bre...