Union Budget 2026: Electronics is one bet India just can’t underplay

India Budget: As India approaches its Union Budget 2026-27, policymakers are at a rare inflection point. Global supply chains are being reshaped by sustained geopolitical crosswinds — from renewed tariff and geopolitical tensions under the Trump administration to firms seeking diversification of production bases. Major disruptions in global trade and technology ecosystems are compelling nations to double down on protective industrial policy.

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