Strengthening Capital Goods Sector

Guided by the framework of three kartavyas, the Union Budget 2026-27 prioritises accelerating and sustaining economic growth through targeted interventions across key sectors.

• Within this strategy, the capital goods sector assumes a central role, backed by continued sector-specific support and sustained capital expenditure aimed at reinforcing domestic manufacturing capacity and advancing infrastructure creation.

Capital Goods

• Capital Goods means any plant, machinery, equipment or accessories required for manufacture or production, either directly or indirectly, of goods or for rendering services, including those required for replacement, modernisation, technological up-gradation or expansion.
• Capital goods may be used in manufacturing, mining, agriculture, aquaculture, animal husbandry, ....