India Invests in Innovation and Trade Infrastructure

Finance Minister Nirmala Sitharaman announced a Rs 20,000 crore investment to boost innovation with private sector collaboration. The Union Budget 2025-26 includes an export promotion mission and initiatives to enhance global integration of the economy. A national framework for global capability centres and Bharat Trade Net will be established.

In a move to foster economic growth, Finance Minister Nirmala Sitharaman has unveiled a Rs 20,000 crore fund aimed at promoting innovation through collaborations with the private sector.

During the presentation of the Union Budget 2025-26, Sitharaman revealed plans to launch an export promotion mission with specific targets to facilitate easier access to credit.

Additionally, the government will establish a national framework to enhance the capabilities of global centres in Tier-II cities and support domestic manufacturing to strengthen integration with global supply chains. The introduction of Bharat Trade Net is expected to revolutionize international trade through digital infrastructure.