Shares of Action Construction Equipment are in focus on Sunday, February 1, after the government announced a construction manufacturing scheme in Union Budget 2026.
During the Budget presentation, the government outlined plans to strengthen domestic manufacturing of construction and capital goods equipment, aimed at supporting infrastructure development and improving self-reliance in the sector. The scheme is expected to encourage local production, enhance capacity expansion, and improve competitiveness of Indian construction equipment manufacturers.
The announcement aligns with the government’s broader focus on boosting manufacturing-led growth and sustaining public capital expenditure, particularly in infrastructure, housing, and industrial development. Companies operating in cranes, material handling equipment, and construction machinery segments are expected to closely track further details of the scheme.
Specific information on the size of incentives, eligibility criteria, and implementation timeline of the construction manufacturing scheme is likely to be provided through subsequent notifications and detailed Budget documents.
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