What will it truly take for India to become a high-income economy by 2047? How can today’s youth contribute to building a stronger, self-reliant, and globally competitive nation? These were some of the key questions explored at the Union Budget Conclave 2026, hosted by SGT Global Business School, SGT University, Gurugram, in collaboration with the Federation of Indian Industry (FII).

Held on the vibrant campus of SGT University, the conclave brought together policymakers, industry leaders, and academic experts for an engaging discussion on India’s growth roadmap under the vision of Viksit Bharat@2047. Students, faculty members, and guests witnessed an inspiring exchange of ideas that connected the Union Budget’s direction with real-world opportunities and sector-wise growth potential.

The event was graced by the presence of the Chief Guest, Shri Pradeep Gandhi (MP, 14th Lok Sabha), who delivered a powerful and highly relevant message for young minds. Encouraging students to think beyond traditional career paths, he highlighted that India’s growth story can only accelerate when the mindset shifts from job seeking to job creation. His address left students motivated and more aware of their role in shaping the nation’s economic future.

The conclave featured an insightful panel discussion with eminent experts who shared sector-specific perspectives and strategic insights. Shri Uditendu Verma (General Secretary, FII) spoke on the importance of strengthening MSMEs, advocating the creation of dedicated R&D departments within small and medium enterprises to improve global competitiveness. Dr. Shailendra Vyas (Chairperson, FII) highlighted India’s growing potential to emerge as a global hub for Biotechnology and Biopharma, referring to the transformative impact of the ₹2,300 Crore Bio-RIDE initiative.

Adding further depth, Shri Hitender Mehta (Chairman, FII International Affairs) shared a forward-looking roadmap for India’s journey towards a $4.7 trillion economy, focusing on investment projections and economic planning. CA Vinod K. Bapna (CEO, Coparo Maruti Ltd.) presented an optimistic outlook on the automobile sector, projecting growth to nearly 8 million cars by 2030, supported by the ₹40,000 Crore Bharat AI Mission.

The discussion also brought attention to governance and accountability. Shri Manoj Sharma (Senior Assistant Director, SFIO) spoke about the growing importance of corporate governance, transparency, and strict oversight as essential pillars for maintaining economic stability. On sustainability and future energy goals, CA S.K. Jain (Ex-Executive Director, IGL) shared a comprehensive roadmap for India’s energy transition, focusing on green growth and sustainable development.

Further strengthening the financial perspective, CA Yatinder Khemka (Chairperson, FII Banking Committee) offered expert insights on fiscal prudence and the evolving banking ecosystem, highlighting the critical role of responsible financial planning in national development.

A significant highlight of the conclave was the MOU signing, aimed at strengthening industry-academia collaboration and creating stronger career pathways for students.

The Union Budget Conclave 2026 at SGT University Gurugram concluded on an inspiring note, reinforcing the university’s commitment to preparing students not only for employment but also for leadership, innovation, and entrepreneurship. Through such impactful academic-industry engagements, SGT University continues to strengthen its position as one of the leading universities in Delhi-NCR, shaping future-ready professionals and contributing actively to the vision of Viksit Bharat@2047.