Team One Architects Director Parish S. Kapse was featured in Forbes India as part of the publication's Union Budget 2026 reactions coverage — sharing his expert perspective on how this year's budget reinforces India's infrastructure-led urban growth trajectory.

What the Coverage Is About

In the immediate aftermath of Finance Minister Nirmala Sitharaman's Union Budget 2026 speech, Forbes India invited industry leaders across sectors to share their reactions and analysis. TOA Director Parish S. Kapse contributed his perspective on how the budget's infrastructure allocations stand to reshape India's urban landscape — particularly for emerging Tier-II and Tier-III cities.

India's Infrastructure-Led Urban Shift

Union Budget 2026 marked a decisive turn in how India is choosing to invest in its cities. With significant allocations directed toward urban infrastructure, transit corridors, and smart city frameworks, the budget signalled a long-term commitment to building beyond the established metros — bringing Tier-II and Tier-III cities into the mainstream of India's economic growth story.

For the architecture and built environment sector, this shift carries real consequence. The quality of infrastructure investment determines not just how cities look, but how they function — how efficiently people move, how sustainably buildings perform, and how effectively spaces support the organisations within them. These are questions TOA has been working through with clients across India for over two decades, from industrial parks to GCC campuses to headquarters in emerging districts.