Union Budget 2025-26: Govt Unveils BharatTradeNet, Manufacturing Push

The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, focuses on boosting India’s exports, strengthening domestic manufacturing, and aligning the Indian economy with global supply chains. Key proposals include the establishment of a unified trade platform, support for electronic manufacturing, and a framework to promote Global Capability Centres (GCCs) in tier-2 cities.

BharatTradeNet: A Unified Platform for Trade

The government has proposed the creation of BharatTradeNet (BTN), a digital public infrastructure for international trade. BTN will serve as a one-stop platform for trade documentation and financing solutions. It will work alongside the Unified Logistics Interface Platform (ULIP) and follow global best practices to make trade smoother and more efficient.

Strengthening Domestic Manufacturing

To integrate India into global supply chains, the government will support domestic manufacturing by identifying key sectors based on specific criteria. Facilitation groups with senior officials and industry representatives will be set up to develop strategies for select products and supply chains.

Boosting Electronic Equipment Industry

Recognising the potential of Industry 4.0, the government will help the domestic electronic equipment industry grow, creating new opportunities for skilled youth. This initiative aims to enhance India’s competitiveness in the global technology sector.

National Framework for GCCs in Tier-2 Cities

A National Framework will be introduced to help states attract Global Capability Centres (GCCs) to tier-2 cities. This framework will provide 16 key measures, including improving talent availability, infrastructure, and building regulations. It will also establish mechanisms for collaboration between the government and industries to promote India as a hub for global business services.

These initiatives reflect India’s commitment to economic growth, self-reliance, and global integration, paving the way for a stronger manufacturing ecosystem and an improved business environment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.