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. 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.”