Budget reaction quote – Consumer Electronics Sector (KDM)

SA TeamFebruary 4, 2026

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Three points you will get to know in this article:

1. Union Budget 2026–27 emphasizes MSME growth, domestic manufacturing, and a Swadesi vision—positioning India to shift from a consumer of global brands to a creator of them.

2. Industry-aligned skill development is prioritized, strengthening the link between education and employment to support a future-ready workforce, especially for youth.

3. The focus on garib, mahilayen, yuva, and annadata places women at the center of growth, while investment in adventure and eco-tourism is set to boost local economies and sustainable tourism.

Union Budget 2026–27 Applauded by N D Mali, Founder, KDM for MSME & Skill Growth

“We applaud the Union Budget 2026–2027, which is driven by initiatives to support MSME growth and focuses on developing Atmanirbharta, Viksit Bharat, and India’s manufacturing environment. With skill development firmly at the top of the national agenda, the focus on industry-aligned skills and an Education to Employment approach is both relevant and essential. Budget 2026 marks the moment when India moves from being a consumer of global brands to a creator of them powered by Swadesi vision. The Finance Minister’s focus on the four priority groups — garib, mahilayen, yuva and annadata — rightly places women at the centre of India’s growth narrative. The Budget’s focus on adventure tourism will further boost local economies through eco-tourism and offer world-class trekking and hiking experiences.”