New Delhi: Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026-27 in Parliament, announced a dedicated initiative for sports goods and the launch of the Khelo India Mission, aimed at transforming India’s sports sector over the next decade.
Sports Goods Initiative
Highlighting India’s potential to become a global hub for high-quality, affordable sports goods, the Finance Minister stated that the new initiative will focus on promoting manufacturing, research, and innovation. The programme will support advancements in equipment design, material sciences, and technological integration, strengthening India’s competitiveness in the global sports market.
The move aligns with the Budget’s goal to accelerate economic growth by enhancing productivity, competitiveness, and resilience to global market dynamics.
Khelo India Mission: Nurturing Sports Talent
Sitharaman emphasized the importance of sports as a driver for employment, skilling, and career opportunities. Building on the foundation of the Khelo India programme, the new Khelo India Mission aims to systematically nurture sporting talent across the country.
Key highlights of the mission include:
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Integrated talent development pathway with training centres at foundational, intermediate, and elite levels.
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Systematic development of coaches and support staff to ensure quality guidance.
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Integration of sports science and technology to enhance athlete performance.
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Competitions and leagues to foster a strong sports culture and provide platforms for talent.
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Development of sports infrastructure for training, practice, and competitive events.
The Finance Minister noted that these initiatives are designed to fulfil aspirations, build capacities, and create opportunities for young athletes while promoting India as a leader in sports manufacturing and innovation.
