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Home > All news > Expect Next Wave of Reforms in the Union Budget 2026-27, to Sustain India’s World-Leading Growth: CII

Expect Next Wave of Reforms in the Union Budget 2026-27, to Sustain India’s World-Leading Growth: CII

January 20, 2026
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New Delhi - Driven by bold reform initiatives, India has firmly established itself as the world’s fastest-growing major economy, demonstrating remarkable resilience amid global uncertainty shaped by geopolitical tensions, trade weaponisation, and a slowing world economy.

Amidst this, business confidence among Indian industry is high, as corroborated by the latest Business Outlook Survey of the Confederation of Indian Industry (CII). CII’s Business Confidence Index, rose for the third consecutive quarter to 66.5 in Q3FY26, the highest level in five quarters. The improvement is driven by optimism around demand, profitability, and investment conditions. Domestic demand . . .

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