Budget 2026: Big Push for Sporting Equipment Manufacturing with New Scheme

Economy
C
CNBC TV18•28-01-2026, 18:22
Budget 2026: Big Push for Sporting Equipment Manufacturing with New Scheme
- •The Centre is considering incentives to boost sports goods manufacturing in India, with an announcement expected in Budget 2026.
- •A proposed five-year scheme, effective April 1, 2026, aims to strengthen India's global position in sports equipment supply.
- •The government plans a mix of capital investment support and production-linked subsidies to modernize infrastructure and scale exports.
- •Focus will be on formalizing the fragmented industry, particularly MSMEs in hubs like Meerut and Jalandhar, and enhancing global competitiveness.
- •Measures include assisting manufacturers with international certifications and promoting Indian brands in overseas markets, leveraging new FTAs.
Why It Matters: Budget 2026 to significantly boost India's sports equipment manufacturing through new incentives and schemes.
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