Dhruv Shringi, Co-Founder & CEO, Yatra Online Limited

“The Union Budget 2025 reflects a clear commitment and lays a strong foundation for boosting India’s tourism sector through targeted and impactful initiatives, and we commend the government’s efforts in this area, particularly in making it easier for tourists to visit important religious and cultural sites.

The government has done a great job of allocating more funds towards infrastructure development, and expanding the UDAN scheme to 120 new destinations, including greenfield airports in Bihar. This will significantly improve regional connectivity, unlocking the tourism potential of emerging Tier 2 and 3 cities and driving the next wave of air travel growth. Enhanced infrastructure, including hotel integration in the harmonized scheme and development of top destinations in partnership with states, will further enrich the travel experience.

We applaud the focus on medical tourism, simplified e-visas, and support for homestays, which will create new opportunities for travelers and entrepreneurs. At Yatra, we’re committed to supporting this growth by leveraging our network and technology to offer competitive fares, curated travel packages, and empowered local homestays. We look forward to collaborating with the government and stakeholders to realize the full potential of these initiatives and drive the continued growth of India’s tourism sector.”

Anirudh A. Damani, Managing Partner, Artha Venture Fund

This budget is nothing short of transformative—it covers a wide spectrum of critical areas, from tax simplification to deep-tech investments, infrastructure, and energy expansion. The increase in income tax exemption to ₹12.75 lakh is a bold, economy-igniting move that puts more money in the hands of salaried individuals, fueling consumption and economic momentum. The renewal of the ₹10,000 crore Fund of Funds and the focus on deep-tech funding will provide much-needed capital to early-stage ventures and India’s next wave of innovation. The increased allocation for nuclear and power sectors, alongside massive infrastructure CAPEX, signals that this budget isn’t just about the next year—it is about building a globally competitive India by 2047. This is the first full-fledged budget of the Modi government’s third term, and it has delivered on the needs of the economy, startups, and investors alike. The next big moment to watch will be the income tax bill set to be tabled next week, which could further revolutionize India’s tax system. Overall, this budget sets the foundation for sustained, long-term economic growth, and we at Artha Venture Fund are supremely excited about the future it promises.”

Ravi Kunwar, VP and CEO, HMD India and APAC

The Union Budget 2025-26 presents encouraging prospects for the technology and digital infrastructure sector. We applaud the Indian Government for reinforcing India’s vision for self-reliance and innovation-driven growth in electronics manufacturing. Reducing BCD to 5% on open cell components and including 28 additional capital goods for mobile battery fabrication will strengthen local manufacturing and further generate employment in the sector. The formation of the National Manufacturing Mission and investment in skilling initiatives will contribute to India’s global competitiveness and facilitate the commitment to climate-friendly development. These measures, coupled with tax reforms and incentives, create a strong foundation for sustainable growth in India’s electronics ecosystem.

Manoj Nair, Head of Applications, Fujitsu GDU and Head of Fujitsu India GDC

Today’s Union Budget 2025, themed around transformative growth and a ‘Viksit Bharat,’ offers compelling opportunities for the Indian IT sector. The significant investments in skilling and upskilling are particularly noteworthy. The establishment of five National Centers of Excellence, leveraging global partnerships to deliver cutting-edge curriculum and training, will directly address the burgeoning demand for skilled professionals in areas crucial for ‘Make in India’ and global competitiveness. The expansion of IITs and the new AI Center of Excellence for education will further bolster the talent pipeline, ensuring India possesses the expertise needed to lead in emerging technologies. Beyond education, the budget’s provisions for a Deep Tech Fund of Funds and the PM Research Fellowship scheme are game changers. These initiatives will provide crucial support for next-generation startups and research institutions, fostering a vibrant ecosystem of innovation and attracting top talent. The simplification of merger procedures and the national framework for Global Capability Centers in tier-2 cities will create a more agile and attractive business environment, encouraging both domestic and foreign investment. Finally, the streamlining of GST processes for Health and Wellness startups and improved access to funding are welcome additions, fostering growth in this vital sector. This strategic approach to infrastructure development and regulatory reform will not only accelerate the growth of the IT sector but also contribute significantly to the broader economic transformation of India, ensuring a more inclusive and prosperous future for all.

Aruna Gorur, Head of HR, Fujitsu India GDC

Today’s Union Budget, focused on a ‘rejuvenated and empowered Bharat,’ offers significant advantages to the Indian IT sector. The emphasis on skill development is particularly impactful. The establishment of five National Centers of Excellence, leveraging global partnerships and expertise, will directly address the skills gap, equipping our workforce with the capabilities needed for a robust and resilient future of the workplace. This focus on human capital development is not just about filling immediate needs; it’s about building a future-ready workforce capable of driving innovation and economic growth for decades to come. This is further enhanced by the expansion of IITs and the creation of an AI Center of Excellence for education, ensuring a steady pipeline of highly skilled professionals in cutting-edge technologies. The deep tech fund of funds will act as a powerful catalyst, nurturing next-generation startups and fostering innovation within the industry. Furthermore, the budget’s focus on simplifying merger procedures and providing substantial tax benefits for individuals will stimulate growth and improve employee financial well-being, boosting morale and attracting top talent. The national framework for promoting global capability centers in Tier-2 cities will also be crucial in driving decentralized growth and creating new opportunities. At Fujitsu India GDC, we see this budget as a strong endorsement of the IT sector’s potential and a significant step towards building a vibrant and future-ready workforce, contributing to the vision of a ‘Viksit Bharat’

Priyanka Sharma, Head of MONAKA Software R&D Unit, Fujitsu Research of India

Today’s Union Budget 2025, focused on a ‘Viksit Bharat,’ presents a powerful vision for India’s IT industry and its future workforce. I am particularly excited by the emphasis on skilling and upskilling initiatives. The establishment of five National Centers of Excellence, leveraging global partnerships, will directly address the growing demand for skilled professionals in areas crucial to building a tech-for-good India. The expansion of IITs and the new AI Center of Excellence for education will further strengthen this talent pipeline, ensuring India remains at the forefront of technological innovation. The budget’s commitment to a Deep Tech Fund of Funds and the PM Research Fellowship scheme is equally significant. These initiatives will provide critical support for next-generation startups and research institutions, fostering a vibrant ecosystem of innovation and attracting top talent. The focus on supporting first-time entrepreneurs, particularly women is commendable and will contribute to a more inclusive and equitable growth story. These investments in education, research, and entrepreneurship will not only benefit the IT sector but will drive India’s overall economic transformation, creating a more prosperous and inclusive future for all. This budget signals a clear commitment to building a skilled and empowered workforce, ready to seize the opportunities of the future.

Rajeev Singh, Managing Director, BenQ India and South Asia – Optimism in AI and Made-in-India

“We are encouraged by the government’s announcement of the National Manufacturing Mission, which represents a significant step towards enhancing the ‘Make in India’ initiative. This mission’s focus on supporting small, medium, and large industries, along with its emphasis on clean technology manufacturing, aligns perfectly with our commitment to sustainability and innovation.

Further, the decision to increase the basic customs duty on interactive flat panel displays is a crucial step in addressing the inverted duty structure. This move will foster local manufacturing and support the growing demand for advanced educational technologies, ultimately enhancing innovation in learning environments.

Moreover, the announcement of five National Centers of Excellence for Skilling as well as the setup of 50,000 adult tinkering labs in government schools presents a significant opportunity to integrate advanced technologies, such as interactive flat panel displays (IFP), into the educational framework. These centers will not only equip our youth with essential skills required for manufacturing under the ‘Make in India’ initiative but also leverage global expertise to design curricula that meet industry needs.

The establishment of a Centre of Excellence for AI in education with a ₹500 crore investment is another vital step towards preparing our youth for future challenges. By fostering skills in AI and related technologies, we can enhance employability and drive innovation across various sectors.

Thus, we believe that with the right policy support and a robust ecosystem for electronic components, India can establish itself as a global hub for advanced technologies. We look forward to collaborating with the government and industry stakeholders to capitalize on these opportunities and contribute to India’s digital transformation.”

CP Khandelwal, CEO, PR Innovation, Brand Custodian of Amazfit India

“The Budget 2025’s tech-forward policies signal India’s ambition to dominate the global electronics value chain. Eliminating BCD on open cell components for displays isn’t just a tariff tweak—it’s a strategic unlock. By making India a cost-competitive hub for advanced display manufacturing, we’re poised to cut reliance on imports for LCD/LED panels, which currently account for 80% of the $7 billion display market. This will catalyze local R&D in next-gen technologies like OLED and MicroLED, critical for smartphones, wearables, and smart TVs.

Equally transformative is the lithium-ion battery push. Adding 28 capital goods for mobile batteries will fast-track domestic cell manufacturing, addressing a critical gap where India imports 90% of its lithium-ion needs. For the wearables and smartphone ecosystem, this means shorter supply chains, faster innovation cycles, and sustainable cost efficiencies. India’s future will be driven by innovation, self-reliance, and a bold vision to lead the global tech revolution.”

Vikram Gulati, Country Head and Executive Vice President – Corporate Affairs and Governance, Toyota Kirloskar Motor

“Government’s commitment towards modernising infrastructure through sustained investments has boosted economic growth and helped lower logistic costs. The Production Linked Incentive (PLI) Schemes by the Government have facilitated investments in key sectors and cutting edge technologies. This has helped enhance efficiencies and gain economies of scale thereby contributing to improving Indian industry’s global competitiveness. These measures have been accompanied by continued focus on maintaining prudent fiscal discipline.

In the upcoming budget, we hope for sustained focus on infrastructure spending and enhancing the scope of PLIs. With regards to the automotive sector, India is now on the verge of achieving the target of E20 (20% ethanol blending) in the shortest timeframe, globally. This will substitute significant fossil fuel imports with indigenous Biofuel (Ethanol) sourced from our farmers and result in lower carbon emissions. Further, the sales of electrified technologies are also increasing rapidly. Moving ahead, we request the Government for appropriate merit-based policies that support and help in popularising full range of greener technologies and alternative fuels thereby helping in faster and greater adoption of multiple sustainable mobility solutions. Further, measures to encourage the scrappage of old vehicles through the budget will also boost demand for newer generation vehicles and eliminate the polluting ones.

We also urge the Government to prioritize measures aimed towards enhancing the skilling of youth, supporting MSMEs, promoting R&D and encouraging innovation as well as investing in strengthening the education system for realising the dream of a Viksit Bharat.”

Sandeep Lanjewar, Director, Palladium India 

“The Budget presented by Hon’ble Minister of Finance is clearly focused on accelerated economic growth in the next 3-4 years, while also highlighting sustainability, skill ecosystem and entrepreneurship. The big announcement about MSME investment and turnover limits to be increased is a positive move to include more enterprises in the ambit of MSMEs but will also increase the need for government to closely monitor and handhold nano enterprises in the country. The National Manufacturing Mission to support manufacturing of EV batteries, solar panels etc. is a significant step to boost domestic production in clean tech in India.

The government is clearly looking at increasing employability among youth by strengthening the roots by re-emphasizing the July 2024 announcement on setting up of five National centres of excellence for Skilling including centre for Artificial Intelligence. The budget also announced development for top 50 tourism sites which in turn will promote employment generation in industries related to hospitality, travel and other amenities. Looking at the increasing numbers of gig workers in the country, the budget has also looked into benefits and health insurance of such workers.

Promoting entrepreneurship further, the Hon’ble Minister announced a special scheme for first time women entrepreneurs belonging to SC and ST, in addition to enhancement of credit guarantee scheme cover.”

 Girish Aggarwal, Managing Director of APM Terminals Pipavav

“The Union Budget 2025-26 shows strong support for India’s ports, shipping, and logistics sectors. Extending customs duty exemptions on shipbuilding materials for 10 more years and offering tax benefits to inland vessels will boost local shipbuilding and promote inland water transport. The ₹25,000 crore Maritime Development Fund is a big step towards providing long-term financial support, fostering healthy competition, and encouraging sustainable growth in the maritime industry. This budget is a commendable step towards strengthening India’s position in global trade and logistics.

The government’s focus on boosting exports through measures like the Export Promotion Mission, simplification of customs procedures, and extended export timelines for handicrafts and leather sectors will significantly enhance India’s trade footprint. These steps, coupled with rationalized customs tariffs and reduced duties, will drive both export growth and domestic consumption. Transforming India Post into a large public logistics network with 1.5 lakh rural post offices will improve last-mile delivery and connect rural businesses to broader markets. Providing private companies access to PM Gati Shakti data will simplify project planning and strengthen public-private partnerships. This budget lays a strong, forward-looking foundation for growth in the maritime and logistics sectors.”

Gaurav Baheti, Founder & CEO, Procol

“The Union Budget 2025 demonstrates India’s commitment to becoming a global technology and manufacturing powerhouse. As a company rooted in AI and emerging technologies, we are particularly excited by the announcement of the Centre of Excellence for Artificial Intelligence in Education, with an investment of ₹500 crore. This initiative will undoubtedly fuel India’s AI capabilities, positioning it as a global leader in AI-driven education and creating an ecosystem ripe for talent development and research.

The Government’s focus on MSMEs is equally encouraging. With over 5.7 crore MSMEs playing a crucial role in India’s manufacturing and export sectors, the commitment to improving access to capital through enhanced credit guarantees and increased investment and turnover limits will create an environment where small businesses can scale with confidence and contribute to India’s growth as a manufacturing hub. By fostering technological upgradation and boosting efficiencies of scale, these measures will drive both job creation and economic growth, particularly in emerging sectors like clean tech. All of this is sure to create a fertile ground for AI and deep-tech startups.

This budget most certainly signals a forward-thinking approach that integrates AI, clean tech, and entrepreneurship, positioning India for a prosperous and sustainable future in the global marketplace.”

Jyoti Kapoor, Founder & Director, Manasthali Wellness

“On behalf of the medical health community, I would like to extend our deepest gratitude to the government for its visionary commitment to the healthcare sector. The recent announcement, with a focus on making healthcare more affordable and comprehensive, marks a pivotal moment in our journey towards accessible, high-quality care for all. The establishment of an AI Centre of Excellence for Healthcare will revolutionize patient care, enhancing both diagnosis and treatment through cutting-edge technology. This will also extend to mental health, where AI can help in early detection, personalized care plans, and more efficient management of mental health conditions.

The creation of 10,000 additional seats in medical colleges and hospitals is a crucial step in addressing the growing demand for healthcare professionals, including mental health specialists. This increase will help alleviate the shortage of trained professionals and ensure that mental health services are readily available to those in need. Furthermore, expanding broadband access for telemedicine consultations in rural and underserved villages will bridge the healthcare divide, including mental health support. Telemedicine has already proven to be an invaluable tool for providing mental health care in remote areas, and this expansion will ensure that no one is left behind in accessing the support they deserve. With these initiatives, we are not only advancing physical healthcare but also ensuring that mental health receives the attention, resources, and innovation it so urgently needs. This investment in the future of healthcare will help elevate mental health care to new heights, making it more accessible, effective, and integrated into the broader healthcare ecosystem.”

Riddhi Bhagat, Founder, Binge on Baked (BoB)

 “The Union Budget 2025 is a testament to the government’s recognition of the middle class as the backbone of India’s economy. This is a major positive for FMCG industry, which is mostly dominated by the earnings of the middle class. By reducing the tax burden and exempting income up to ₹12 lakh from taxation, the budget puts more money directly into the hands of consumers. This will undoubtedly boost household consumption, drive demand for essential and aspirational products, and encourage savings and investments. As an FMCG brand, we welcome these measures, which will fuel economic momentum and enhance the overall consumer sentiment in the market.”

Ravi Kunwar, VP and CEO, HMD India and APAC

The Union Budget 2025-26 presents encouraging prospects for the technology and digital infrastructure sector. We applaud the Indian Government for reinforcing India’s vision for self-reliance and innovation-driven growth in electronics manufacturing. Reducing BCD to 5% on open cell components and including 28 additional capital goods for mobile battery fabrication will strengthen local manufacturing and further generate employment in the sector. The formation of the National Manufacturing Mission and investment in skilling initiatives will contribute to India’s global competitiveness and facilitate the commitment to climate-friendly development. These measures, coupled with tax reforms and incentives, create a strong foundation for sustainable growth in India’s electronics ecosystem.

Manoj Nair, Head of Applications, Fujitsu GDU and Head of Fujitsu India GDC

Today’s Union Budget 2025, themed around transformative growth and a ‘Viksit Bharat,’ offers compelling opportunities for the Indian IT sector. The significant investments in skilling and upskilling are particularly noteworthy. The establishment of five National Centers of Excellence, leveraging global partnerships to deliver cutting-edge curriculum and training, will directly address the burgeoning demand for skilled professionals in areas crucial for ‘Make in India’ and global competitiveness. The expansion of IITs and the new AI Center of Excellence for education will further bolster the talent pipeline, ensuring India possesses the expertise needed to lead in emerging technologies. Beyond education, the budget’s provisions for a Deep Tech Fund of Funds and the PM Research Fellowship scheme are game changers. These initiatives will provide crucial support for next-generation startups and research institutions, fostering a vibrant ecosystem of innovation and attracting top talent. The simplification of merger procedures and the national framework for Global Capability Centers in tier-2 cities will create a more agile and attractive business environment, encouraging both domestic and foreign investment. Finally, the streamlining of GST processes for Health and Wellness startups and improved access to funding are welcome additions, fostering growth in this vital sector. This strategic approach to infrastructure development and regulatory reform will not only accelerate the growth of the IT sector but also contribute significantly to the broader economic transformation of India, ensuring a more inclusive and prosperous future for all.

 Aruna Gorur, Head of HR, Fujitsu India GDC

Today’s Union Budget, focused on a ‘rejuvenated and empowered Bharat,’ offers significant advantages to the Indian IT sector. The emphasis on skill development is particularly impactful. The establishment of five National Centers of Excellence, leveraging global partnerships and expertise, will directly address the skills gap, equipping our workforce with the capabilities needed for a robust and resilient future of the workplace. This focus on human capital development is not just about filling immediate needs; it’s about building a future-ready workforce capable of driving innovation and economic growth for decades to come. This is further enhanced by the expansion of IITs and the creation of an AI Center of Excellence for education, ensuring a steady pipeline of highly skilled professionals in cutting-edge technologies. The deep tech fund of funds will act as a powerful catalyst, nurturing next-generation startups and fostering innovation within the industry. Furthermore, the budget’s focus on simplifying merger procedures and providing substantial tax benefits for individuals will stimulate growth and improve employee financial well-being, boosting morale and attracting top talent. The national framework for promoting global capability centers in Tier-2 cities will also be crucial in driving decentralized growth and creating new opportunities. At Fujitsu India GDC, we see this budget as a strong endorsement of the IT sector’s potential and a significant step towards building a vibrant and future-ready workforce, contributing to the vision of a ‘Viksit Bharat’

Priyanka Sharma, Head of MONAKA Software R&D Unit, Fujitsu Research of India

Today’s Union Budget 2025, focused on a ‘Viksit Bharat,’ presents a powerful vision for India’s IT industry and its future workforce. I am particularly excited by the emphasis on skilling and upskilling initiatives. The establishment of five National Centers of Excellence, leveraging global partnerships, will directly address the growing demand for skilled professionals in areas crucial to building a tech-for-good India. The expansion of IITs and the new AI Center of Excellence for education will further strengthen this talent pipeline, ensuring India remains at the forefront of technological innovation. The budget’s commitment to a Deep Tech Fund of Funds and the PM Research Fellowship scheme is equally significant. These initiatives will provide critical support for next-generation startups and research institutions, fostering a vibrant ecosystem of innovation and attracting top talent. The focus on supporting first-time entrepreneurs, particularly women is commendable and will contribute to a more inclusive and equitable growth story. These investments in education, research, and entrepreneurship will not only benefit the IT sector but will drive India’s overall economic transformation, creating a more prosperous and inclusive future for all. This budget signals a clear commitment to building a skilled and empowered workforce, ready to seize the opportunities of the future.

Rajeev Singh, Managing Director, BenQ India and South Asia – Optimism in AI and Made-in-India

“We are encouraged by the government’s announcement of the National Manufacturing Mission, which represents a significant step towards enhancing the ‘Make in India’ initiative. This mission’s focus on supporting small, medium, and large industries, along with its emphasis on clean technology manufacturing, aligns perfectly with our commitment to sustainability and innovation.

Further, the decision to increase the basic customs duty on interactive flat panel displays is a crucial step in addressing the inverted duty structure. This move will foster local manufacturing and support the growing demand for advanced educational technologies, ultimately enhancing innovation in learning environments.

Moreover, the announcement of five National Centers of Excellence for Skilling as well as the setup of 50,000 adult tinkering labs in government schools presents a significant opportunity to integrate advanced technologies, such as interactive flat panel displays (IFP), into the educational framework. These centers will not only equip our youth with essential skills required for manufacturing under the ‘Make in India’ initiative but also leverage global expertise to design curricula that meet industry needs.

The establishment of a Centre of Excellence for AI in education with a ₹500 crore investment is another vital step towards preparing our youth for future challenges. By fostering skills in AI and related technologies, we can enhance employability and drive innovation across various sectors.

Thus, we believe that with the right policy support and a robust ecosystem for electronic components, India can establish itself as a global hub for advanced technologies. We look forward to collaborating with the government and industry stakeholders to capitalize on these opportunities and contribute to India’s digital transformation.”

CP Khandelwal, CEO, PR Innovation, Brand Custodian of Amazfit India

“The Budget 2025’s tech-forward policies signal India’s ambition to dominate the global electronics value chain. Eliminating BCD on open cell components for displays isn’t just a tariff tweak—it’s a strategic unlock. By making India a cost-competitive hub for advanced display manufacturing, we’re poised to cut reliance on imports for LCD/LED panels, which currently account for 80% of the $7 billion display market. This will catalyze local R&D in next-gen technologies like OLED and MicroLED, critical for smartphones, wearables, and smart TVs.

Equally transformative is the lithium-ion battery push. Adding 28 capital goods for mobile batteries will fast-track domestic cell manufacturing, addressing a critical gap where India imports 90% of its lithium-ion needs. For the wearables and smartphone ecosystem, this means shorter supply chains, faster innovation cycles, and sustainable cost efficiencies. India’s future will be driven by innovation, self-reliance, and a bold vision to lead the global tech revolution.”

Sri Charan Lakkaraju, Founder & CEO, Student Tribe

 “The budget announcements by the government are a huge step forward in building a more skilled and inclusive workforce, ready to compete on the global stage. The focus on expanding skilling opportunities and forming global partnerships is exactly what students need to stay ahead in an ever-changing world. With plans to enhance infrastructure at top institutions like IITs, introduce AI-driven learning, and expand Atal Tinkering Labs in government schools, we are equipping students not just for today’s jobs but for leadership roles of tomorrow.

Creation of five National Centres of Excellence for Skilling, across the globe would ensure that learners gain industry-aligned expertise, mostly in high growth sectors. Better technical and vocational training and implementation of the scheme for promoting ‘Bharatiya Bhasha Pustak’ means that learning became more inclusive, more accessible for everybody.

Recognition of gig workers with identity cards, healthcare under PM Jan Arogya Yojana, and financial inclusion through the revamped PM SVANidhi scheme are also important steps to secure their well-being and livelihoods. It not only acknowledges the contribution of the gig economy but also empowers students who take up freelancing and part-time opportunities.

We believe such initiatives at Student Tribe will usher in new horizons of opportunities, allowing the students to positively contribute to industries at the national and global level.”

Mohan Ramaswamy, Co-founder and CEO at Rubix Data Sciences

MSME

“The increase in investment and turnover limits for MSMEs is a game-changer for India’s manufacturing and export sectors. By allowing businesses to scale without losing MSME benefits, this move will drive expansion, enhance credit access, and boost job creation. It strengthens India’s position as a global manufacturing hub while ensuring MSMEs remain the backbone of economic growth”.

KYC

“The introduction of a revamped Central KYC Registry in 2025 is a great step towards enhancing both security and efficiency in India’s financial ecosystem. By implementing measures like masking KYC identifiers and using unique IP-based access, the government is ensuring that sensitive customer data remains secure from unauthorized access. This initiative will help businesses and financial institutions streamline their customer verification processes while safeguarding data integrity, aligning with RBI’s focus on building a more secure and resilient KYC framework. This is a critical move to foster greater trust and compliance across sectors”.

Ease of Doing Business

“India’s business environment has long been burdened by complex regulations and processes that have made it challenging for companies to thrive. However, Budget 2025 marks a pivotal step towards improving the ease of doing business. Simplifying customs procedures, reducing tariff rates, and streamlining the tax filing process will drastically reduce the time and costs businesses incur to navigate regulatory hurdles. The extension of the deadline for filing updated tax returns and the rationalization of the TDS and TCS systems offer greater clarity and reduce the compliance burden for companies of all sizes.

Moreover, the decriminalization of over 100 provisions through the Jan Vishwas 2.0 bill will help create a more supportive environment for businesses, eliminating unnecessary penalties and fostering a culture of innovation and risk-taking. The increased credit guarantee cover for MSMEs and the expanded loan limits under the PM Swanidhi scheme are key steps in improving access to finance for small and medium enterprises, which will help them scale and compete more effectively in both domestic and global markets.

By focusing on reducing regulatory complexity, improving access to capital, and promoting a more transparent business ecosystem, these measures are set to enhance the ease of doing business, empowering companies to grow, innovate, and contribute to India’s economic prosperity”.

Sachidanand Upadhyay, MD, Lord’s Mark Industries Limited

“The government’s focus on strengthening India’s healthcare infrastructure under the Viksit Bharat vision is commendable. The establishment of Day Care Cancer Centres across all district hospitals and 200 cancer centres in FY 2025-26 will significantly improve access to life-saving treatment for patients across the country. Additionally, the exemption and concessional duty on essential medicines and bulk drugs will make critical treatments more affordable, especially for those battling cancer, rare diseases, and chronic conditions. These measures will provide much-needed relief to patients and help build a more resilient healthcare ecosystem. We fully support these initiatives and remain committed to delivering high-quality, cost-effective healthcare solutions to ensure every Indian has access to life-saving treatments.”