Union Budget 2026–27: Exports Take Centre Stage as Budget Pushes Jobs, Manufacturing and Global Value Chains

• Union Budget 2026–27, presented on 1 February 2026 by FM Nirmala Sitharaman, positions international trade and exports as the central pillar of India's growth strategy.
• Combines sectoral manufacturing pushes (semiconductors, biopharma, electronics, textiles), SEZ reforms, logistics cost reduction, and MSME credit deepening to integrate India into Global Value Chains (GVCs).
• Relevant for UPSC across GS-III (Economy, Industry, Infrastructure) and current affairs on export competitiveness, MSME credit, and trade policy.