Riju Jhunjhunwala: Rajasthan and Union Budget 2026–27 Mark Major Step Towards Viksit Bharat 2047

Textile and Weaving Sector in Rajasthan Set for Boost; Investment and Employment Opportunities to Expand

Delhi , 12 Feb 2026 :

Emphasising the strong policy alignment between the Union Budget 2026–27 and the Rajasthan State Budget, Riju Jhunjhunwala, Director of the RSWM Bhilwara Group, commended both the Central and State governments for advancing a shared development vision. He stated that the convergence of priorities in manufacturing, infrastructure, MSMEs, and employment generation reflects a coordinated and forward-looking governance approach.

According to Jhunjhunwala, the Union Budget places significant emphasis on capital expenditure, manufacturing expansion, MSME empowerment, export promotion, logistics reforms, and green energy investments. Complementing this, the Rajasthan Government has focused on balanced urban and rural development, infrastructure strengthening, industrial connectivity, and attracting fresh investments. Together, these measures demonstrate alignment not only at the policy level but also in execution.

He expressed appreciation for Chief Minister Bhajanlal Sharma’s leadership and acknowledged Deputy Chief Minister (Finance) Diya Kumari for presenting what he described as a growth-oriented State Budget. The clear emphasis on promoting manufacturing, supporting MSMEs, enhancing ease of doing business, and creating employment opportunities has reinforced confidence within the industrial community, he noted.

Jhunjhunwala highlighted that Bhilwara, widely recognised as one of India’s leading textile hubs, stands to benefit directly from this integrated budgetary vision. Initiatives such as technology upgradation, modernisation of machinery, infrastructure expansion, logistics support, and skill development will strengthen the operational capacity of textile units. This, in turn, is expected to enhance global competitiveness while generating new employment opportunities.

He further observed that encouragement for fresh investments, value addition, and greater adoption of green energy solutions will provide renewed momentum to Bhilwara’s industrial ecosystem. Increased export potential, he added, will contribute significantly to strengthening the region’s economic base.

Jhunjhunwala also thanked BJP State President Madan Rathore, stating that a positive industrial environment has been cultivated in Rajasthan. Initiatives such as the Rajasthan Pravasi Sammelan have successfully reached out to entrepreneurs beyond the State, encouraging investment participation. He expressed confidence that with the continued support of the double-engine government, Bhilwara’s textile sector will further consolidate its national and global position while contributing meaningfully to the vision of Viksit Bharat 2047.

  • Related Posts

    Crypto Taxes at a Crossroads: Has the Existing Policy Backfired on Compliance?

    Offshore exchanges gain ground as domestic platforms and tax revenues face growing pressure New Delhi: In December 2025, the Government of India acknowledged in Parliament that certain offshore crypto exchanges…

    Union Budget 2026–27 marks a new chapter of Growth for the Textile and Apparel Industry and Rajasthan: Riju Jhunjhunwala

    4 February 2026: New Delhi Reacting to the Union Budget 2026–27, Riju Jhunjhunwala, Chairman of Rajasthan-based industrial major LNJ Bhilwara Group, said the announcements made for the textile sector are…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Riju Jhunjhunwala: Rajasthan and Union Budget 2026–27 Mark Major Step Towards Viksit Bharat 2047

    Riju Jhunjhunwala: Rajasthan and Union Budget 2026–27 Mark Major Step Towards Viksit Bharat 2047

    Commemorating Pt. Deendayal Upadhyaya: ‘Samarpan’ Highlights His Vision of Integral Humanism for Today’s Youth

    Commemorating Pt. Deendayal Upadhyaya: ‘Samarpan’ Highlights His Vision of Integral Humanism for Today’s Youth

    Dr. K. A. Paul Announces ‘Chalo Chennai’ Global Peace Prayer Festival, Invites PM Modi and Rahul Gandhi

    Dr. K. A. Paul Announces ‘Chalo Chennai’ Global Peace Prayer Festival, Invites PM Modi and Rahul Gandhi

    Crypto Taxes at a Crossroads: Has the Existing Policy Backfired on Compliance?

    Crypto Taxes at a Crossroads: Has the Existing Policy Backfired on Compliance?

    Onward to Nationwide General Strike and mass mobilisations on 12th Feb 2026

    Onward to Nationwide General Strike and mass mobilisations on 12th Feb 2026

    SRCC at 100 Marks Milestone with Grand Annual Alumni Reunion

    SRCC at 100 Marks Milestone with Grand Annual Alumni Reunion