Sustaining Economic Momentum
New Delhi
Ahead of the Union Budget 2026–27, the Confederation of Indian Industry (CII) has proposed a six-point investment roadmap aimed at sustaining India’s growth over the next decade. The industry body said strong and steady investment will be vital for keeping India among the world’s fastest-growing major economies.
CII Director General Chandrajit Banerjee said the upcoming Budget must balance stability with growth. He stressed that boosting investments across public, private and foreign sectors should be a key focus area.
The first recommendation is to strengthen public capital expenditure, which has driven India’s recovery after the pandemic. CII suggested raising central government capital spending by 12 per cent and increasing support to states by 10 per cent in FY27. Focus should remain on sectors like transport, energy, logistics and green projects.
To improve efficiency, CII proposed a Capital Expenditure Efficiency Framework to select high-impact projects and closely track their progress and outcomes. It also called for launching a Rs 150 lakh crore National Infrastructure Pipeline 2.0 for the period 2026–32 to give long-term clarity to investors.
The second priority is boosting private investment, which CII said will be the main engine of future growth. It noted that recent tax relief and GST reforms have supported demand, and the next step should be encouraging private sector spending.
Third, CII suggested setting up an NRI Investment Promotion Fund to attract long-term capital into priority sectors like infrastructure and artificial intelligence. Fourth, it recommended strengthening the National Investment and Infrastructure Fund through better alignment with national goals.
The fifth proposal focuses on easing external commercial borrowing rules to improve access to global funds. Lastly, CII called for creating an India Global Economic Forum to deepen engagement with global investors and institutions.
