Quote on Union Budget by Garima Kapoor, Deputy Head of Research & Chief Economist, Elara Capital

2026-02-01 02:35:22 pm | Source: Elara Capital

Quote on Union Budget by Garima Kapoor, Deputy Head of Research & Chief Economist, Elara Capital

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Below the Quote on Union Budget by Garima Kapoor, Deputy Head of Research & Chief Economist, Elara Capital

The messaging is that the polices and taxation is being aligned towards making India as a export hub. The budget focuses on fiscal consolidation while maintaining its thrust on new age sectors and export oriented sectors. The allocation to capex is high especially led by defense which is positive. Among announcements, the tax holiday for cloud services for data centers and customs duty exemption on nuclear power components is encouraging.

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Quote on Union Budget by Garima Kapoor, Deputy Head of Research & Chief Economist, Elara Capital

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