The Ministry of Commerce and Industry highlighted that the Union Budget 2026-27 has reaffirmed the government’s commitment to building a competitive, resilient, and globally integrated economy. In a statement, the Ministry said that the budget is aimed at advancing a comprehensive reform and investment agenda, strengthening the nation’s position as a trusted global trading partner and accelerating progress towards the vision of Viksit Bharat. The Ministry underlined that the Budget has unveiled a 10 thousand Crore small and medium enterprises growth fund to ease credit and boost Micro, Small, and Medium Enterprises Exports.
The major highlights of the budget including Labour-intensive sectors, gems and jewellery sector, and tax holidays for foreign companies are expected to accelerate foreign investment, deepen digital infrastructure, and establish India as a global hub for digital and data-driven services.
Furthermore, the Ministry said that the union budget 2026-27 presents a coherent and forward-looking trade and export strategy combining competitive manufacturing, services excellence, logistics modernisation, regulatory simplification, and infrastructure investment. It reinforces India’s role as a reliable global partner and lays a strong foundation for sustained export growth, job creation, and long-term economic resilience.
