Pre-Budget Expectations: Budget Presents a Crucial Opportunity for the Government to Drive Growth in Automotive Sector, Says Kuldeep Bhan, Group President, Global Metallurgy Business, Neterwala Group

Precision engineering is fundamental to India’s manufacturing strength, and the upcoming budget presents a crucial opportunity for the government to drive growth in key industries such as automotive, commercial vehicles, construction, and defense—segments where companies like Uni Deritend contribute through advanced investment castings. Increased infrastructure spending on roadways, railways, defense modernization, and industrial corridors will stimulate demand for high-quality components, creating a ripple effect across the value chain. To further strengthen indigenous manufacturing under the Make in India initiative, the government must prioritize skill development programs tailored to advanced manufacturing technologies, helping to build a future-ready workforce. Support for R&D, technology adoption, and innovation in precision engineering will empower manufacturers to scale operations, reduce import dependency, and compete globally. These initiatives will not only advance India’s precision casting industry but also position the country as a global hub for high-quality manufacturing in critical sectors.

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