As expectations build ahead of Union Budget 2026, India’s construction and building materials sector is looking toward policies that balance growth with long-term sustainability. The sector, which contributes nearly 18% to India’s GVA, continues to benefit from strong government spending on infrastructure, housing, and urban development.
With construction growth projected at 8–10% in the coming fiscal year, driven largely by public capex, the role of quality building materials is becoming increasingly important. For companies like Walplast Pvt. Ltd., the focus is on delivering durable, efficient, and environmentally responsible solutions that support large-scale infrastructure and housing projects.
Sharing a pre-Budget perspective, Kaushal Mehta, Managing Director, Walplast Pvt. Ltd., said, “The upcoming Union Budget is an opportunity to further strengthen India’s construction ecosystem. Continued emphasis on infrastructure and housing, combined with policy stability and support for sustainable building materials, will be crucial. Such measures will encourage innovation, capacity expansion, and wider adoption of advanced construction solutions, enabling the industry to support India’s long-term growth aspirations.”
Industry stakeholders are hopeful that the upcoming Budget will address key structural challenges such as energy cost volatility, logistics efficiency, and rationalisation of taxes on construction materials. A stronger push for green buildings and incentives for sustainable construction materials can also accelerate the sector’s transition toward environmentally conscious development.
