Budget 2026 boosts tyre industry with infrastructure focus
after close1 source ↓written by the desknot a recommendation
- public capital expenditure
- ₹12.2 lakh crore
The Indian tyre industry is set to benefit from the ₹12.2 lakh crore public capital expenditure announced in Budget 2026-27, according to the Automotive Tyre Manufacturers Association (ATMA). This increase in spending is expected to drive long-term demand growth as it supports critical infrastructure projects like roads and rail connectivity.
The government's commitment to enhancing infrastructure is crucial for the tyre sector, as it directly influences demand across all vehicle segments. This focus on public capex may strengthen the industry's growth momentum in the coming years.
Not investment advice. For informational purposes only.