By Dr. Aisshwarya Panddit, Founder and Celebrity Cosmetologist, Aura Edge Aesthetic
Budget 2026-27 marks a watershed moment for India’s health, wellness, and beauty industries. The Finance Minister’s emphasis on building a robust care ecosystem, coupled with significant investments in health infrastructure and services, creates unprecedented opportunities for our sector.
The announcement of five Medical Value Tourism Hubs in partnership with the private sector directly positions India as a global destination for wellness and aesthetic services. This initiative, combined with upgraded AYUSH facilities including three new All India Institutes of Ayurveda and enhanced certification ecosystems, validates the growing convergence of traditional wellness and modern beauty solutions.
The training of 1.5 lakh multiskilled caregivers through NSQF-aligned programs addresses our industry’s critical talent gap, while the establishment of Allied Health Professional institutions in ten disciplines will create a skilled workforce essential for premium wellness and beauty services.
The focus on the ‘Orange Economy’ with AVGC Content Creator Labs demonstrates government recognition of digital innovation in beauty and wellness marketing. Additionally, improved ease of doing business measures—including reduced TCS rates and streamlined compliance—will significantly benefit wellness tourism and beauty product imports.
The ₹10,000 crore SME Growth Fund and enhanced MSME support through TReDS particularly empowers our sector’s numerous small enterprises, from boutique wellness centers to artisanal beauty brands.
This budget’s people-centric approach, combining infrastructure development with skill enhancement and entrepreneurial support, creates a fertile ecosystem for the health, wellness, and beauty sector to flourish as we march toward Viksit Bharat 2047