Anil Agrawal of Vedanta Gives His Views on the Union Budget 2026

Udaipur, Feb 01, 2026: Anil Agarwal, the Chairman of Vedanta Ltd, congratulated the Prime Minister and the Finance Minister on steering the nation carefully and firmly, in the prevailing global conditions.

Agarwal called the Union Budget 2026 a growth-oriented Budget, with a clear focus on increasing public capital expenditure and boosting manufacturing. He said that the Budget creates opportunities, for youth to improve their livelihoods, women to become financially independent and for employment-intensive sectors like medical tourism to take off.

He welcomed the Government's keen attention to critical minerals and rare earths. The Rare Earths Corridors for mining, processing, R&D and manufacturing in Odisha, TamilNadu, Andhra and Kerala will boost growth, employment and mineral security due to this initiative. Import duty exemption on capital goods for critical minerals processing is very timely in the current global scenario.

The Chairman of Vedanta Group further added that the announcement on flexibility in SEZs will permit some sales in domestic market and is an excellent move.

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