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Informist, Sunday, Feb. 1, 2026

 

NEW DELHI – Sudipta Mukherjee, managing director, Texmaco Rail & Engineering Ltd., said the following on the Union Budget for 2026-27 (Apr-Mar), presented in the Lok Sabha by Finance Minister Nirmala Sitharaman on Sunday:

 

"I find the Budget very loaded and there is an initiative to touch each and (every) individual aspect, and I mean all strata of the people. We belong to (the) railway sector, so as part of the industry, if we see that it has something for the legacy ones, the present industry, or the infrastructure-related companies, what we have in the country.
So when there is continued momentum on fund laying in infrastructure, there is growth. So definitely people will be benefited, new employment will be generated.

 

"If you ask me about my regret, there is a lot of focus on the capability, building new generation of industries, and all of this, but with the existing ones also I would have loved some incentivisation on IPR (intellectual propety rights) creation because even if we do maybe it doesn't romanticise us the way data centre does, but there are so many other components which are there in the infrastructure segment, even in railways, (in) which we are dependant on somebody outside. So if we develop within India under Atmanirbhar Bharat, there has to be some recognition for this IP creation for the country."  End

 

As told to Shakshi Jain
Filed by Rajeev Pai

 

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