What happened in Union Budget 2026-27

The Government of India announced a dedicated sports goods manufacturing initiative under Union Budget 2026-27. The initiative received an allocation of ₹500 crore and aims to strengthen India’s position as a global hub for high-quality and affordable sports goods.

Background and earlier position

Sports goods manufacturing sits at the intersection of industrial production, design capability, materials science, and supply-chain linkages with international buyers. A policy push in this sector typically becomes relevant when domestic manufacturing capacity needs expansion, product quality improvements require design and materials R&D, and exporters seek more reliable participation in global sports supply chains.

What the initiative is meant to change now

The sports goods manufacturing initiative in Union Budget 2026-27 lays out multiple objectives:

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