AMCHAM members participated in a virtual roundtable on February 5th that highlighted the implications of Union Budget 2026 on India’s electronics manufacturing sector. The webinar, held in collaboration with knowledge partner Deloitte, brought together industry leaders, policy experts, and tax specialists to examine how recent budget announcements align with India’s manufacturing-led growth strategy and global value chain (GVC) integration objectives. Ms. Ranjana Khanna, Director General CEO, AMCHAM, opened the discussion by welcoming participants and introducing the Chief Economic Advisor (CEA), Dr. V. Anantha Nageswaran. Mr. Naveen Tandon, Chairman – Electronics Manufacturing Committee, AMCHAM and Head – Policy & Strategy, Apple India, set the context for the session, emphasizing the critical juncture of the sector amidst evolving global trade frameworks.

Addressing members, Dr. V. Anantha Nageswaran, Chief Economic Advisor of India, shared insights into the government’s policy focus areas:

• Global Value Chain Integration: He highlighted India’s emerging role as a preferred manufacturing destination due to geopolitical realignments and the need for robust logistics and a skilled workforce.
• Manufacturing-Led Growth: The CEA reaffirmed the government’s commitment to creating an enabling environment through infrastructure investments and continued policy refinement.
• Private Sector Innovation: He underscored the importance of private sector entrepreneurship in driving India’s manufacturing transformation.

Experts from Deloitte India provided a detailed analysis of the economic and tax landscape. Ms. Rumki Majumdar, Economist, discussed the Economic Survey 2025-26 findings, noting the importance of balancing tariff protections with global cost-competitiveness. Mr. Easwaran P.S, Partner and Asia Pacific Supply Chain Leader, offered strategic perspectives on scaling manufacturing operations. Mr. Rohinton Sidhwa, Mr. Madhava Yathigiri, and Mr. Gulzar Didwania shared comprehensive views on budget announcements from direct tax, indirect tax, and customs perspectives, respectively. The session concluded by reinforcing that achieving India’s ambition as a global electronics hub requires a coordinated, long-term commitment from both government and industry to address challenges in capital affordability, skill development, and infrastructure.