The Economic Times

India Budget 2026-27: Sitharaman unveils initiative for high-quality sports manufacturing

The Union Budget 2026-27 introduces dedicated initiatives for high-quality sports goods manufacturing and research. A scheme will revive 200 industrial clusters. The textile sector will see an integrated program focusing on fibre self-reliance, modernization, and handloom support. Samarth 2.0 aims to upgrade textile skilling. Mega textile parks will be established to boost production and value addition, particularly in technical textiles.