What changed
Budget 2026-27, presented on 1 February 2026, announced an increase in the ECMS outlay from ₹22,919 crore to ₹40,000 crore; Biopharma SHAKTI (₹10,000 crore over five years); a Container Manufacturing Scheme (₹10,000 crore over five years); a construction and infrastructure equipment scheme; three chemical parks; rare-earth corridors in Odisha, Kerala, Andhra Pradesh and Tamil Nadu; and a one-time facility for SEZ manufacturers to sell into the domestic market at concessional duty. Public capex rose to ₹12.2 lakh crore.
Who it affects
Manufacturers in electronics, biopharma, containers, capital equipment and chemicals.
What to do
Wait for scheme guidelines before assuming eligibility. Where a scheme is announced but not operational, plan investment dates so that you can still qualify once it opens.