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Union Budget 2026 - National Fibre Scheme
1 Feb 2026, 11:41AM

Sector specific announcements :

Bio pharma: Rs 10,000 crore launch. Positive for pharma sector – Positive for companies such as Biocon

Rare earth: Dedicated rare earth corridors. Positive for mining and Metal sector – Positive for NMDC/GMDC

Capital hitech tool rooms for precision manufacturing for capital goods sector: Positive for Azaad Engineering, capital goods sector positive

EMS sector: Rs 40,000 crore outlay for manufacturing sector under ECMS scheme. Positive for Dixon, Amber, Kaynes Technology and other EMS companies

Textile -

Propose textile expansion and employment scheme to modernise textile clusters.

National Fibre Scheme for self-sufficiency in the space.

Aim for Samarth 2.0 to promote skilling in the textile sector. Propose to set up mega textile parks in challenge mode

To launch Mahatma Gandhi Gram Samaj initiative to support Khadi, handicrafts

Stocks to benefit include : KPR Mills, Gokaldas Exports, SP Apparels, Welspun Living, among others

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