By:- Mr. Arvind Singhania, Chairman & CEO. Ester Industries Limited
“The Union Budget 2026 lays out a clear and forward-looking direction for strengthening India’s advanced materials and textile manufacturing ecosystem. The government’s integrated programme for the textile sector, with its focus on man-made and new-age fibres, technology modernisation, and expanded skilling under SAMARTH 2.0, directly strengthens the competitiveness of segments that are both employment-intensive and export-oriented. For specialty materials players like Ester, this policy direction supports faster capacity creation, higher value addition, and deeper integration into global supply chains.
Equally significant is the ?20,000 crore allocation to scale up Carbon Capture technologies across hard-to-abate sectors such as chemicals and refineries. This reflects a pragmatic recognition that industrial growth and decarbonisation must move forward together. As sustainability becomes a decisive factor in global trade, such measures will help Indian manufacturers transition toward lower-carbon operations while maintaining export competitiveness.
At the same time, the broader emphasis on modernising clusters, enabling technology adoption, and strengthening the fibre-to-fashion value chain signals a clear shift from scale to sophistication. This Budget creates a more predictable, investment-friendly environment, and the next step must be rapid execution, innovation-led growth, and resilient supply chains.”
