Union Budget Push on Infrastructure to Boost Commercial Vehicle Demand, Says Daimler India CFO

The sustained focus on infrastructure expansion, particularly across Tier II and Tier III cities in the Union Budget, is expected to drive demand for commercial vehicles while enhancing logistics efficiency nationwide, according to a senior executive of Chennai-based commercial vehicle manufacturer Daimler India Commercial Vehicles. The Budget presented by Union Finance Minister Nirmala Sitharaman on Sunday “strengthens India’s long-term growth outlook by prioritising manufacturing, infrastructure development and supply chain resilience as core pillars of economic policy,” said DICV Chief Financial Officer Alexander Schoen.

The proposed dedicated freight corridor linking Dankuni in West Bengal with Surat in Gujarat, cutting across major industrial states, is likely to improve east-west logistics movement and help lower overall freight costs, he said in a company statement issued here. “The Budget sends a positive signal for the commercial vehicle sector, as the announced measures create a supportive environment for manufacturers to invest, innovate and contribute to India’s shift towards a more resilient and future-ready mobility ecosystem,” he added.