Bhilwara to Thrive: Budget Boosts Textiles, Mining, and Global Competitiveness

• Union Budget 2026 prioritizes textiles, mining, MSMEs, and exports, aiming for regional balance by focusing on Tier-2 and Tier-3 cities like Bhilwara.
• Bhilwara's textile industry is set to benefit from financial aid for Integrated Textile Program, machinery upgradation, and Mega Textile Parks.
• The 'Rare Mineral Corridor' and reduced TCS rate for mineral vendors will indirectly benefit Bhilwara's mining sector, along with indigenous manufacturing of mining machinery.
• Entrepreneurs Prashant Mewara, Ankur Bordia, Manish Chandak, and Ankit Sharma laud the budget for strengthening global competitiveness and boosting exports.
• Local residents express cautious optimism, questioning the on-ground benefits for the common person despite self-employment promotion and falling gold/silver prices.

Why It Matters: Union Budget 2026 offers significant opportunities for Bhilwara's textile and mining sectors, enhancing global competitiveness.