Davinder Sandhu, Co-Founder and Chair, Primus Partners, shared his view that India enters Budget 2026–27 with macroeconomic stability but stalled growth, with FY25–FY26 data and the Economic Survey 2024–25 showing the economy plateauing near 6.5%. He argues that structural constraints—rather than macro policy—are now the binding limit, calling on Budget 2026 to convert stability into scale through deregulation, lower compliance, de-risked private investment, and stronger logistics, trade facilitation and food supply chains