By Giriraj Singh

The Viksit Bharat Budget 2026-27 signals confidence, conviction and clear reform orientation at a time of global uncertainty. India today stands as the world’s fourth-largest and the fastest-growing major economy, firmly on track to become the third-largest in the near future. With an economy of $4.5 trillion, GDP growth projected at 7.2%, FDI inflows crossing $750 billion, and capital expenditure rising more than sixfold from Rs 1.9 lakh crore in 2014 to Rs 12.21 lakh crore in 2026, the Budget firmly anchors infrastructure-led growth while reinforcing macroeconomic stability and global confidence.

Beyond headline numbers, it sets out a clear strategic direction focused on inclusive growth and large-scale employment generation through labour-intensive manufacturing, with textiles at its core.

Under Prime Minister Narendra Modi’s strategic leadership, the past year has marked a decisive turning point for the textiles sector. Through 18 FTAs, India now has preferential access to textile markets worth nearly $466 billion within a global import market of $800 billion, further boosted by renewed access to the $110-billion US market. The recent US trade deal is expected to lift exports well beyond last year’s levels.

On the domestic front, the........

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