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VIEW India budget makes fresh bet on manufacturing as it seeks to sustain growth

The budget allocates ₹17.2 trillion in gross borrowing to boost manufacturing, MSMEs, and foreign investment, focusing on semiconductors, rare-earth processing, and financial reforms.

Summary by Reuters
India's annual budget made a fresh bet on the country's manufacturing sector as Finance Minister Nirmala Sitharaman laid out priorities for Asia's third-biggest economy and pledged to accelerate growth amid a volatile global environment.

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Reuters broke the news in United Kingdom on Sunday, February 1, 2026.
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