Pre-Budget perspective from the Energy and sustainability Sector:
"Budget 2025 is the opportunity to accelerate India's green energy transition and Buyofuel hopes for more policies enabling biofuel adoption and clean energy innovations. We will see some growth and sustainability in the renewable energy sector with incentives for waste-to-energy technologies, carbon credit markets, and green fuel infrastructure. Supporting cleaner alternatives through government programs may decrease emissions and decouple the use of fossil fuels, resulting in a cleaner environment. Investments could lead to improvements in accessibility and scalability for biofuel solutions through advancements in research and development, logistics, and digital platforms, among other areas. Buyofuel believes that the policies must be developed to create a strong green energy network that will generate jobs and invigorate economic development."
Mr. Dheeraj Arora, Managing Director & CEO, Hygienic Research Institute Pvt. Ltd.(HRIPL) on the expectations of the Indian Union Budget 2025-2026:
"The Union Budget 2025-26 holds the potential to be a game-changer, particularly for tax reforms that position India as a leading global economic force. We anticipate a strategic focus on boosting private consumption and modestly enhancing investment activity, which can act as critical growth pillars amidst global uncertainties. Measures addressing structural supply-chain challenges, incentivizing domestic production, and reducing delivery costs will not only bolster growth but also empower India's economic resilience."
Mr. Satyen Momaya, CEO, Celio India on the expectations of the Indian Union Budget 2025-2026:
"The retail sector has immense potential to drive India's growth and employment. To harness this, we urge the government to boost consumer demand by reducing individual income tax and interest rates.
The apparel and lifestyle retail segment, impacted by subdued demand over the last 12-18 months and inflation, would greatly benefit from retaining the current GST slabs, especially for products priced at ₹1,000 and above.
We also anticipate the swift implementation of a National Retail Policy to streamline operations and foster long-term growth. These measures will enable the retail sector to contribute meaningfully to economic progress and job creation across the country"
Mr. Rohit Gupta, Vice President-Finance, Hygienic Research Institute Private Limited(HRIPL) on the expectations of the Indian Union Budget 2025-2026:
"In light of global trade volatility, the upcoming Union Budget is expected to prioritize initiatives that enhance the competitiveness of Indian exports. Steps such as tariff rationalization, duty exemptions, and effective remission schemes could significantly lower export costs, enabling India to solidify its global trade footprint. Additionally, with elections behind us, we foresee government spending accelerating in FY 2025, creating a conducive environment for long-term agricultural value chain development and industrial growth."
