Synergy Steels applauds the Union Budget 2025-26

Synergy Steels lauds the Union Budget 2025-26, as it places high priority on infrastructure expansion and logistics efficiency, both critical for strengthening India’s stainless steel sector. It is expected that the government’s commitment to building public-private partnership (PPP) projects for key ports totalling INR 50,000 crore (EUR 5,5M) over the next five years.

The budget has also allocated INR 10.7 lakh crore (EUR 117.8B) in capital expenditure for infrastructure ministries to modernize transport corridors, expand port capacities, and integrate multi-modal logistics networks. Additionally, the launch of the INR 25,000 crore Maritime Development Fund aims to provide long-term financing for the shipping sector, which will directly benefit stainless steel consumption in shipbuilding and port infrastructure.

The budget also emphasizes urban transformation, with a INR 1 lakh crore Urban Challenge Fund that will support smart cities, metro projects, and resilient infrastructure. Additionally, the INR 1.5 lakh crore interest-free loan to states for capital expenditure will further accelerate infrastructure-driven demand.

These developments pave the way for building an integrated and efficient logistics ecosystem that will aim to reduce import dependency and will make Indian stainless steel globally competitive with a more cost-efficient logistics supply chain.

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