Industry must invest, innovate; take advantage of Budget announcements: PM Modi

Prime Minister Narendra Modi urged industry to invest and innovate during a post-Budget webinar, emphasizing the importance of collaboration between government, industry, and financial institutions. Mr. Modi highlighted the increased public capital expenditure in recent years as a signal for private sector investment and encouraged businesses to take advantage of the 2026-27 Budget announcements. He proposed developing a "Reform Partnership Charter" to foster collaboration and achieve India's goal of becoming a developed nation by 2047.