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    <author>ENA</author>
    <category>Sectors</category>
    <date>2026-02-02 16:24:50</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Feb 2 (KNN)&lt;/strong&gt; The Automotive Skills Development Council (ASDC) said the Union Budget 2026 27 has sent a positive signal on Indias commitment to manufacturing-led growth, with skill development placed at the centre of the national economic agenda. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Vinkesh Gulati, Chairperson, ASDC, stated, By focusing on the expansion of strategic manufacturing sectors, strengthening MSMEs and closely linking education with employment outcomes, Budget has the potential to create a meaningful and lasting impact on the automotive ecosystem, which uniquely brings together manufacturing, technology and services.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;He highlighted that for the automotive industry the proposals reinforce Indias position as a global hub for manufacturing and innovation. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Gulati noted, Targeted investments in advanced manufacturing, capital goods and clean mobility solutions open up fresh opportunities across vehicle manufacturing, auto components, EV, batteries, electronics, logistics and digital services. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The renewed focus on revitalising legacy industrial clusters and nurturing Champion MSMEs is equally significant, as it will reinforce Tier 1, Tier 2 and Tier 3 suppliers who form the backbone of the automotive value chain, he added.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;From a workforce perspective, the Budgets Education to Employment approach and focus on industry-aligned skilling have been described as timely. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The automotive industrys transition towards advanced technologies has increased demand for skills in mechatronics, electronics, embedded systems, AI-enabled manufacturing, quality systems, green technologies and digital tools.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Gulati emphasised, The Budgets push for modular, industry-driven skilling programmes, wider use of technology and the creation of regional centres of excellence will play a vital role in addressing skill gaps and improving employability at scale.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>44999</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/asdc-welcomes-budget-202627-focus-on-manufacturing-msmes-skill-development</link>
    <pubDate>2026-02-02 16:24:50</pubDate>
    <source>knnindia.co.in</source>
    <title>ASDC Welcomes Budget 2026–27 Focus On Manufacturing, MSMEs &amp; Skill Development</title>
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