Mukul Goyal, Co-Founder of Stratefix Consulting, on the Economic Survey 2025:
"The Economic Survey 2025 brings good news for MSMEs, which are vital for job creation and economic growth. The revamped Credit Guarantee Scheme, with a ₹9,000 crore corpus and increased credit limits, will help small businesses access the financing they need. The ₹50,000 crore Self-Reliant India Fund is another step in supporting MSMEs as they grow. The rise in TReDS adoption ensures better cash flow for businesses by promoting timely payments, while initiatives like the Udyam Registration Portal and Udyam Assist Platform are making it easier for informal businesses to formalise and comply with regulations.
Additionally, the focus on rural talent through PMIS internships and programs like Growtherator are great steps to bridge the gap between rural entrepreneurs and corporate opportunities. The partnership with NRLM-GAME under WEFEP also strengthens financial access for rural women entrepreneurs, further promoting inclusive growth.
While these steps are encouraging, regulatory challenges still need attention to boost MSME formalisation and productivity. The Economic Survey highlights the importance of continued policy support, better access to finance, and streamlined execution to sustain the growth of this critical sector."
Arpan Ghosh, Founder and Director, Gamma Rotors:
The recent growth in India's drone industry is a commendable reflection of the government's strategic initiatives, particularly the Production-Linked Incentive (PLI) scheme. As of October 31, 2024, the country has made remarkable progress with 140 remote pilot training organizations, 18,862 remote pilot certificates issued, and nearly 27,000 registered drones. These developments are a clear indication of a rapidly expanding industry supported by a growing ecosystem of skilled professionals
With a solid foundation in place, Indefensewell-positioned to harness the potential of drone technology, making significant contributions to sectors such as agriculture, defense drone models through DGCA type certifications not only showcases compliance with global standards but also highlights the growing confidence in India's ability to lead in drone technology.
Such government initiatives are crucial for nurturing an indigenous drone manufacturing ecosystem, driving technological advancements, and positioning India as a global leader in UAV (unmanned aerial vehicle) solutions. The expanding talent pool, coupled with increasing investments and local manufacturing capabilities, presents tremendous opportunities for the industry to thrive.
We applaud these efforts and look forward to continued growth and innovation in the drone sector. With a solid foundation in place, India is well-positioned to harness the potential of drone technology, making significant contributions to sectors such as agriculture, defense, infrastructure, and more.
