New Delhi, Feb. 2 -- The Federation of Indian Export Organisations (FIEO) has welcomed the Union Budget 2026-27, describing it as bold, forward-looking, and reform-oriented, boosting India's growth trajectory while enhancing the global competitiveness of exports, manufacturing, and MSMEs.

FIEO President S.C. Ralhan highlighted the Budget's emphasis on domestic manufacturing in high-value and strategic sectors, including electronics, semiconductors, biopharma, textiles, chemicals, aircraft components, construction equipment, and rare earth magnets.

The revival of 200 legacy industrial clusters and multiple sector-specific initiatives is expected to boost scale, productivity, technology adoption, and export readiness.

Trade Facilitation ...