Budget 2026 Quote: Tadashi Chiba, MD & CEO, Panasonic India

“The Government’s consistent focus on infrastructure continues to be central to India’s growth agenda. The Union Budget 2026–27, with capital expenditure increased to ₹12.2 lakh crore, reaffirms infrastructure as the backbone of India’s economic expansion. This sustained push will directly support the scaling of Panasonic’s advanced B2B solutions and offerings, which are integral to large-scale infrastructure development. The continued focus on strengthening India’s manufacturing ecosystem through ECMS and the exemption of basic customs duty on select electrical appliances, including microwaves, is a timely measure that will improve cost efficiencies, encourage domestic value creation, and boost market adoption.
The emphasis on the strategic deployment of cutting-edge technologies, including AI, to improve governance and productivity, will lay a strong foundation for inclusive, sustainable, and people-centric growth in India.”
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