Union Budget 2026: Global Experts Laud India's Stability, Growth Focus

Budget
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CNBC TV18•01-02-2026, 22:27
Union Budget 2026: Global Experts Laud India's Stability, Growth Focus
- •Global experts praise Union Budget 2026 as a stability-focused roadmap, enhancing India's investment appeal amidst global uncertainty.
- •The budget prioritizes semiconductors, electronics manufacturing, and data centers with a new semiconductor mission and extended tax holidays.
- •Mukesh Aghi of US-India Strategic Partnership Forum highlights the budget's focus on long-term resilience and self-reliance for India.
- •Emphasis on labor-intensive exports like textiles and footwear, with lower customs duties, aims to boost job creation and competitiveness.
- •GIFT City receives a significant boost with extended 20-year tax holidays and clarified post-holiday taxation, attracting foreign investors.
Why It Matters: Union Budget 2026 is seen by global experts as a strategic move towards long-term growth and stability for India.
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