India Inc Bullish on Growth Ahead of Union Budget 2026-27: FICCI Survey

• FICCI's 'Pre-Budget Survey 2026-27' shows nearly 80% of Indian businesses are optimistic about economic growth despite global challenges.
• Half of the survey participants anticipate a GDP growth rate between 7-8% for the upcoming fiscal year, reflecting strong faith in India's medium-term fundamentals.
• Key priorities identified by industry leaders for the Union Budget include job creation, infrastructure development, and robust support for exports.
• FICCI recommends establishing a mega electronics industrial cluster and increasing capital outlay in defence allocations to 30% for modernization.
• Businesses urge for streamlined customs processes, rationalized tariffs, enhanced RoDTEP allocations, and simplified compliance for an investor-friendly environment.

Why It Matters: India Inc is highly optimistic about economic growth, expecting the Union Budget to balance growth with fiscal prudence.