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Pharma leap: Volume to value-based growth

February 02, 2026

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Business Standard

The Budget sets out a structural reform-driven roadmap, balancing growth imperatives with social inclusion, and signalling continuity through resilience and innovation.

- SATISH REDDY

It reflects a clear and deliberate push towards building long-term national capabilities, anchored in infrastructure development, large-scale skilling, advanced manufacturing, and artificial intelligence-driven actions. With a decisive focus on key sectors, the Budget sustains the investment momentum of recent years and strengthens the foundation for sustained economic expansion. Guided by the government’s three core kartavyas (growth, aspirations, and inclusion), the Budget reinforces confidence in India’s medium to long-term growth trajectory.

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