In India’s financial powerhouse Mumbai, Commerce Minister Piyush Goyal dissected the 2026-27 budget’s transformative potential during an NSE conclave. He portrayed it as a comprehensive roadmap covering both legacy industries and futuristic domains, with a special nod to technology-driven services.
‘India remains a global economic beacon, and this budget readies us for the future,’ Goyal declared. The fiscal plan targets specific sectors to accelerate the journey to a Viksit Bharat by 2047, building on a decade of fiscal prudence under PM Modi’s stewardship.
Posting on social media platform X, Goyal called it a blueprint for embedding India deeper into global supply chains. Advanced tech integration promises consumer benefits and heightened competitiveness for domestic firms.
Goyal elaborated on the budget’s core objectives: easing trade hurdles, fostering ethical business practices, streamlining regulations, and positioning India as a manufacturing magnet. Increased capex and optimized expenditure mix signal a shift toward enduring growth strategies.
Emphasis on reforms, business facilitation, and equitable development underscores the long-view approach. Strengthening manufacturing and services will create a solid launchpad for the next growth trajectory.
Stakeholders praised the budget’s forward-thinking measures, predicting a surge in investments and job creation. In a world of economic volatility, this budget reaffirms India’s ascent as a self-assured global player.