IPMA Welcomes Growth-Oriented Union Budget 2025-26: A Boost for Agriculture, Water Infrastructure, and Indigenous Industry

The
Indian
Pump
Manufacturers
Association
(IPMA) has
hailed
the
Union
Budget
2025-26
as
a
progressive
and
forward-looking
financial
plan
that
will
significantly
benefit
the
pump
manufacturing
sector.

K.V.
Karthik,
President
of
IPMA

Mr.
K.V.
Karthik,
President
of
IPMA,
emphasized
that
the
government’s
strong
focus
on
agriculture,
water
infrastructure,
and
indigenous
industrial
development
presents
substantial
growth
opportunities
for
Indian
pump
manufacturers.

“The
increase
of
Kisan
Credit
by
Rs.
2
lakh
will
directly
spur
demand
for
agricultural
pumps,
benefiting
farmers
and
the
industry
alike,”
said

Mr.
Karthik.
“Additionally,
the
extension
of
the
Jal
Jeevan
Mission
to
2028
will
create
sustained
business
opportunities,
ensuring
a
continued
push
for
water
accessibility
across
the
nation.”

Further
strengthening
India’s
industrial
landscape,
the
government’s
commitment
to
the
Nuclear
Power
Mission
with
a
strong
emphasis
on
indigenization
is
set
to
open
new
avenues
for
Indian
industries,
including
the
pump
manufacturing
sector.

“With
these
visionary
initiatives,
we
anticipate
increased
investments,
technological
advancements,
and
greater
self-reliance
in
critical
sectors,”
Mr.
Karthik
added.

IPMA
remains
committed
to
supporting
these
national
objectives
by
delivering
world-class
pump
solutions
to
meet
India’s
growing
demands
across
agriculture,
water
infrastructure,
and
energy
sectors.

For
more
details,
please
visit:

www.indianpumps.org.