As India prepares for the Union Budget 2026, the construction and building materials sector remains a critical pillar of the country’s growth story. With construction contributing nearly 18% to India’s Gross Value Added (GVA), sustained public capital expenditure and strong domestic demand continue to drive momentum across infrastructure and housing.
Government-led investments in roads, urban development, affordable housing, and logistics have ensured steady activity across the construction value chain. Looking ahead, GDP growth of 6.5–7% and construction sector growth of 8–10% are expected in the next fiscal year, supported by continued public capex and a gradual revival in private investment. For building material manufacturers such as Walplast Pvt. Ltd., this outlook reinforces confidence in long-term demand visibility.
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.”
Ahead of the Budget, the industry is seeking policy continuity, stable energy costs, and streamlined taxation to manage input cost pressures. Incentives for sustainable construction materials and green building practices are also expected to play a key role in enhancing build quality while aligning with India’s sustainability goals.
