India, Feb. 1 -- The Government of India has issued a release:
Leveraging India's potential to emerge as a global hub for high quality, affordable sports goods, a dedicated initiative for sports goods is set to be launched in the country. This was stated by Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Union Budget 2026-27 in Parliament today.
The announcement on sports goods is centred on the first of the three kartavyas that form the pillars of this year's Budget, namely, 'to accelerate and sustain economic growth, by enhancing productivity and competitiveness, and building resilience to volatile global dynamics'. The aim of the sports goods initiative is to promote manufacturing, resear...