MUMBAI: Responding to the Union Budget 2026, Mr. Ketan Kulkarni, Managing Director & Chief Executive Officer of Allcargo Logistics, said the Budget delivers a strategic response to the evolving global trade environment by reinforcing India’s logistics and supply chain ecosystem.
Commenting on the government’s emphasis on infrastructure-led growth, Mr. Kulkarni noted that the focus on multimodal infrastructure — including new freight corridors, inland waterways, cargo movement projects and improved last-mile connectivity for remote regions — would be instrumental in enhancing operational efficiency and reducing logistics costs across the country.
“Budget 2026 offers a strategic response to a rapidly changing global trade environment by strengthening India’s logistics and supply chain ecosystem. The focus on multimodal infrastructure including new freight corridors, inland waterways, cargo movement projects and last-mile connectivity for remote regions will be critical in improving efficiency and lowering logistics costs,” Mr. Kulkarni said.
He further welcomed the ₹10,000-crore SME Growth Fund and measures aimed at improving liquidity for small and medium enterprises through mandatory adoption of TReDS, credit-backed invoice discounting and integration with the Government e-Marketplace (GeM). According to him, these initiatives will enable MSMEs to scale operations, formalise business processes and participate more actively in export-led growth.
Mr. Kulkarni also highlighted the incentives announced for indigenous seaplanes and waterway-based cargo movement, stating that they would unlock regional connectivity and alternative logistics pathways.
“Together, these measures reinforce India’s ambition to remain deeply integrated with global markets, attract long-term investment and build resilient, job-creating enterprises advancing the vision of a Viksit Bharat,” he added.