FM Nirmala Sitharaman reaffirmed India’s economic resilience in a speech today.
She emphasized the government’s focus on ramping up capital spending to support growth.
Domestic consumption and investment remain the backbone of India’s GDP.
But she cautioned against complacency, citing global risks and trade tensions.
The U.S. has doubled tariffs on Indian imports, raising export concerns.
The sectors likely to suffer include textiles, leather, and chemicals.
For FY26, infrastructure outlay is pegged at a record ₹11.21 trillion.
Q1 GDP growth was 7.8% YoY; full year expected around 6.8%.
The speech aims to bolster investor confidence amid volatili
ty.
Market watchers will track how capital spending is actually rolled out.