By Kaushal Mehta, Managing Director at Walplast pvt ltd
India’s infrastructure-led growth strategy continues to place the construction sector at the forefront of economic development. As the Union Budget 2026 approaches, building material manufacturers are closely watching for measures that reinforce growth momentum while ensuring operational stability.
Construction contributes nearly 18% to India’s GVA and remains a major employment generator. Continued government spending on highways, urban infrastructure, and housing is expected to support construction sector growth of 8–10% in the next fiscal year. For Walplast Pvt. Ltd., this environment underscores the importance of scalable manufacturing, consistent quality, and sustainable practices.
Sharing a pre-Budget perspective, Kaushal Mehta, Managing Director, Walplast Pvt. Ltd., said, “The upcoming Union Budget is an opportunity to further strengthen India’s construction ecosystem. Continued emphasis on infrastructure and housing, combined with policy stability and support for sustainable building materials, will be crucial. Such measures will encourage innovation, capacity expansion, and wider adoption of advanced construction solutions, enabling the industry to support India’s long-term growth aspirations.”
The industry is looking to the Budget for policy continuity, stable energy pricing, and simplified compliance norms. Measures that promote the adoption of advanced and sustainable construction materials can help improve efficiency, reduce lifecycle costs, and enhance overall project outcomes.
