Mail News Service
Jamshedpur: Reacting to the Union Budget 2026–27, Manoj Kumar Agarwal, Promoter of Adhunik Group, termed it a transformative blueprint that propels India’s manufacturing journey from participation to global dominance.
He said the record capital expenditure of Rs 12.2 lakh crore reflects a strong commitment to long-term industrial competitiveness, particularly benefiting the power and steel sectors through enhanced connectivity, technology adoption and improved liquidity.
Agarwal lauded the focused push under the Purvodaya initiative, calling Eastern India the mineral and industrial soul of the nation.
Key announcements such as the East Coast Industrial Corridor with a major node at Durgapur, a dedicated Rare Earth Minerals Corridor, the Dankuni–Surat Dedicated Freight Corridor and operationalisation of National Waterway-5 are expected to sharply reduce logistics costs and unlock the region’s latent potential.
Describing the budget as a “reform-heavy statement of intent,” he said it empowers Eastern India to lead the country’s industrial growth while equipping core sectors to navigate the green transition. He added that Adhunik Group welcomes these measures as they align seamlessly with its vision of high-tech, sustainable manufacturing.
