India may introduce incentive packages totaling up to ₹23,000 crore in the union budget for FY 2026-27 to boost domestic manufacturing of high-value capital goods. Schemes for construction equipment and automotive sectors are nearing finalization, aiming to reduce import reliance and strengthen global value chains.
ADB, StanChart ink partnership to support Indian firms across supply chains
The Asian Development Bank and Standard Chartered Bank have partnered to boost supply chain finance in India. Agreements include risk-sharing for USD transactions via GIFT