New Delhi, Dec. 14 -- India's next phase of economic growth will depend on steady and strong investment across public, private, and foreign channels, according to the Confederation of Indian Industry (CII). CII, in a release, laid out a detailed plan for the Union Budget 2026-27, saying that the Budget needs to act as both a stabiliser and a growth driver.

CII Director General Chandrajit Banerjee said the coming Budget must focus on boosting investments to keep India's growth steady. He explained that public spending has pushed the country's recovery after the pandemic, and that continued support in this area will help India stay on track as one of the fastest-growing major economies.

CII has suggested raising central capital expenditur...