New Delhi, March 18, 2026 — The Delhi government has initiated consultations with industry stakeholders as part of preparations for Budget 2026, aiming to strengthen industrial growth, attract investment, and expand employment opportunities. A meeting held at the Delhi Secretariat brought together representatives from multiple industrial sectors to present policy suggestions and operational concerns. The exercise is part of a broader effort to align fiscal planning with industry requirements.
Policy Reforms and Industrial Growth Priorities
Industry representatives emphasized the need for policy and structural reforms to accelerate industrial development. Key recommendations included revising capital expenditure norms in industrial areas and converting industrial plots into freehold properties to enhance long-term investment security.
Participants also highlighted the need for reliable access to essential utilities, including uninterrupted drinking water supply for industrial operations. These measures, they noted, are critical for improving ease of doing business and sustaining industrial productivity.
Suggestions also focused on simplifying regulatory processes and improving administrative efficiency. The demand for a single-window clearance system was reiterated to reduce delays in approvals and streamline compliance procedures.
Technology, Sustainability, and Modernization
A significant portion of the discussion focused on technological upgradation and sustainability. Industry leaders recommended promoting solar rooftop installations and adopting energy-efficient technologies to reduce operational costs and environmental impact.
There was also a proposal to develop Delhi as a Global Capability Centre (GCC) hub, which would attract high-value services and technology-driven investments. Participants stressed the need for a structured green building policy and incentives for adopting eco-friendly equipment across industries.
Modernization of factories was identified as essential to improving competitiveness. Industry representatives highlighted that integrating advanced technologies and sustainable practices would support long-term industrial resilience.
Logistics, Manufacturing, and Infrastructure
The discussion included concerns related to logistics and manufacturing efficiency. Industry leaders called for stronger logistics infrastructure and smoother supply chain systems to enhance production capacity.
Recommendations included providing power subsidies to reduce operational costs and implementing reforms in Floor Area Ratio (FAR) policies to optimize industrial space utilization. Promotion of the recycling industry was also suggested as a way to reduce costs and improve resource efficiency.
Representatives from unplanned industrial areas raised specific infrastructure concerns. These included the need for improved drainage systems, upgradation of Common Effluent Treatment Plants (CETPs), and better sewage treatment facilities. Parking infrastructure and power supply reliability were also identified as key issues requiring intervention.
Skill Development and Workforce Alignment
Industry stakeholders emphasized the importance of aligning workforce skills with current industrial needs. They recommended upgrading Industrial Training Institute (ITI) courses to match evolving industry standards and technologies.
The establishment of dedicated skill development centres was proposed to bridge the gap between employers and job seekers. These centres are expected to support workforce readiness and improve employment outcomes across sectors.
Additional suggestions included simplifying processes related to will transfer and making amendments to existing regulatory frameworks such as the Societies Act to improve administrative efficiency.
Budget 2026 as Industry-Oriented Framework
The government indicated that Budget 2026 will incorporate industry inputs to create a structured and growth-oriented economic framework. The focus will be on enabling industrial expansion, improving competitiveness, and ensuring policy support for sustainable development.
The consultation process reflects an approach based on continuous engagement with stakeholders. The objective is to position Delhi as a competitive investment destination supported by strong infrastructure, efficient policies, and skilled workforce availability.
The ongoing discussions are expected to contribute to a comprehensive budget framework that addresses sector-specific challenges while promoting long-term economic growth and employment generation.
