US Business Groups Endorse India's 2026-27 Budget for Economic Growth and Investment Initiatives
STRATEGIC MINERALSCARBON CAPTUREFUSION & ADVANCED NUCLEAR POWER
US-India business organizations, including the US-India Business Council and the US-India Strategic Partnership Forum, have endorsed India's Union Budget 2026-27, praising its emphasis on economic growth, fiscal discipline, and public investment. Key initiatives such as the Rs 20,000 crore Carbon Capture Utilization and Storage scheme, customs duty exemptions, and technology-driven reforms like the India Semiconductor Mission 2.0 are expected to enhance global competitiveness and attract investment. The budget also includes reforms in taxation and trade facilitation, including a long-term tax holiday for cloud services.

Feb 2, 2026, 12:51 PM