Views on today’s Union Budget by Rishi Mehra, Chief Executive Officer, India and Head of Strategy, Human Capital, Asia Pacific, Aon

“Union Budget 2026 marks a bold shift toward structural resilience and long‑term growth. The focus on ‘crowding in’ private capital through the new Infrastructure Risk Guarantee Fund addresses a critical need in the risk landscape, providing the credit stability required for massive projects.

Strategic initiatives like the infrastructure and logistics push, rare earth corridors, and dedicated chemical parks are vital for reducing import dependency and securing our supply chains. Combined with a massive ₹12.2 lakh crore capex, these measures empower Indian enterprises to scale with reduced volatility. The upcoming reforms in the financial sector are also critical to align it with India’s next phase of growth.

This is a pivotal moment for transforming India into a global manufacturing and infrastructure powerhouse.”