India’s Union Budget 2026-27- UKIBC Report
India’s Union Budget 2026-27 signals deepening economic resilience and structural reforms, with implications across infrastructure, advanced manufacturing, and services exports, thereby presenting a plethora of opportunities for UK business. The budget projects 6.8-7.2% GDP growth (FY27), with a fiscal deficit of 4.3% demonstrating continued consolidation. Capital expenditure reaches ₹12.2 lakh crore (3.1% of GDP), supporting the government’s infrastructure super cycle.
For UK members, the budget prioritises green and strategic manufacturing, critical minerals integration, services sector expansion (particularly IT, health, education, tourism), and financial sector liberalisation. This assessment highlights key signals and their implications for bilateral trade and investment, specifically from the UK-India perspective.
