Corporate Communications
SGA in the Spotlight.
Featured analyses, strategic commentary, and official announcements from our global leadership team on infrastructure finance, sovereign debt, and institutional reform.

Steel industry players say budget's push towards infra, MSME to support demand
India’s steel industry expects a strong demand boost from the Union Budget’s sharp focus on infrastructure expansion, higher capital expenditure, and enhanced support for MSMEs. Industry leaders say increased spending on logistics, industrial clusters, Tier-II and Tier-III city development, and green initiatives like carbon capture will strengthen manufacturing activity, improve competitiveness, and drive long-term growth across construction, railways, automotive, and energy sectors.
Steel industry players say Union Budget's push towards infra, MSME to support demand
The FY27 budget is set to boost India's economy and steel demand. Increased capital spending, support for industrial clusters, and a focus on MSMEs are key. These measures will strengthen infrastructure, improve logistics, and enhance domestic manufacturing. Steel companies expect growth across construction, automotive, and railway sectors. The budget also prioritizes cleaner technologies and modern production facilities.

Budget Boosts Steel Demand via Infra & MSME Focus
Steel industry experts predict increased demand due to budget's infrastructure push, MSME support, and industrial cluster focus in FY27.

Gift Nifty points a weak start for benchmarks
GIFT Nifty signals a cautious and weak opening for Indian equity benchmarks, reflecting subdued global cues and heightened investor risk aversion. Market sentiment remains fragile amid persistent volatility in global equities, concerns over US interest-rate trajectory, and weakness in technology stocks, with investors closely tracking macro signals and overseas market movements for near-term direction.
Economic Survey delivers powerful message of India's growth, say experts
India's Economic Survey 2025-26 projects robust growth of 6.8-7.2% amid global fragmentation, highlighting medium-term priorities like manufacturing and skill development. Experts view this as a strategic advantage, with potential GDP growth revised to 7% driven by capital expenditure and reforms. The survey emphasizes attracting global capital through faster execution and regulatory certainty.