India, Feb. 13 -- India's Union Budget 2026-27 signals a clear shift in how the country positions itself within global value chains. As production decisions are increasingly shaped by supply reliability, regulatory compliance, and capability depth, the Budget moves beyond cost competitiveness and incentive-led growth toward strengthening the foundations for ecosystem-led, durable participation in global production networks.

Rather than chasing export volumes alone, the Budget focuses on raising India's value-added share by embedding domestic firms deeper into design, materials, components, logistics, healthcare, and services. Backed by sustained public capital expenditure and targeted investments in electronics, biopharma, and MSME suppl...