Sher Singh Rathore -Founder of BRIC-X INFRA PVT. LTD said,"As India continues facing urbanization and increased demand for housing, the real estate sector awaits more incentives from the 2025 Union Budget to fuel growth. Affordable housing, infrastructure development, and sustainability remain key expectations. The industry will benefit from the continuance of tax advantages for low-cost house developers, and there could also be additional funding for schemes like Pradhan Mantri Awas Yojana, and PMAY, which would remain a core initiative to fill up the country's housing deficit.
We expect the government to introduce measures to make home loans more accessible, especially to middle-income and first-time homebuyers as interest rates are stabilizing and inflationary pressures are expected to ease. The sector expects direct support through rebates under income tax or reduced GST rates on residential properties further nudging home ownership.
Other critical expectation areas include encouraging eco-friendly and sustainable building practices. The Budget is expected to outline tax incentives to developers, incorporating eco-friendly technologies such as energy-efficient designs and materials. Simplifying regulating processes alongside incentives to redevelop old, underutilized properties would spur city regeneration and renewal.
We expect the 2025 Budget to continue with the initiatives from the previous year and to further continue creating an environment geared towards affordable housing and sustainable development as well as modernization in India's real estate."
Ms. Pallavi Singh, Country Representative, JVC TV India said, "I urge the Finance Minister to reduce the GST on televisions from 28% to 18%. Televisions should not be treated as luxury items, and the current tax rate is excessive. Raw materials are taxed at 18%, while finished products like televisions are taxed at 28%, creating an imbalance and burdening importers. Aligning tax rates would simplify the structure and reduce costs for manufacturers and consumers.
With the weakening rupee, rising import bills, and inflation, simplifying the tax system would ease financial pressures. In this economic climate, balancing spending power and savings is crucial for growth. Additionally, streamlining approval processes for businesses is essential. Despite initiatives like the one-window clearance system, approval procedures remain cumbersome. Simplifying these processes would promote economic growth and benefit citizens. The Finance Minister's leadership can drive progress and shared prosperity."
Speaking on the expectations from the upcoming Union Budget 2025, Arvind Krishnan; Founder and CEO of Skope Kitchens Says -"The Union Budget holds the promise to shape the future of the cloud kitchen industry in meaningful ways. We're looking forward to steps that address key challenges like streamlining licensing processes, rationalizing GST on food ingredients, and improving access to affordable credit. As a sector that significantly contributes to employment and economic growth, policies encouraging innovation and sustainability would be a welcome move."
As we await the Union Budget for 2025, I believe the education sector is at a pivotal moment. To empower our children to succeed in an increasingly dynamic world, it is essential to prioritize investments in education. I urge the government to allocate a larger share of GDP to education, increase funding for STEM initiatives, enhance digital learning infrastructure and promote skill-based education. By simplifying regulatory processes and encouraging international collaborations, we can create a world-class education system that equips our students to excel on the global stage. Furthermore, fostering a culture of innovation and critical thinking in our schools will be crucial to developing the leaders of tomorrow. I also hope the budget will address the need for equitable access to quality education, ensuring no child is left behind. I look forward to a budget that lays the foundation for a brighter future for our children. said, "By Mr. Ajay Singh, Principal, The Scindia School, Gwalior.
Skope Kitchens provides end-to-end solutions, encompassing brand development, marketing strategies, operational efficiency, and financial planning. This allows food entrepreneurs to concentrate on perfecting their culinary masterpieces while Skope Kitchens manages the intricacies of scaling and growing their businesses. With a focus on quality craftsmanship, forward-thinking designs, and sustainability, they craft kitchens that not only enhance the cooking process but also redefine the essence of home.
Skope Kitchens has collaborated with successful brands like Nathu Sweets, Terra Foods, Baohood, and ChicBun, helping them optimize operations, broaden market reach, and achieve measurable growth; all while preserving their unique culinary identities.
At its core, Skope Kitchens is about more than business growth; it's about fostering creativity, building legacies, and transforming emerging food ventures into influential brands that leave a lasting impact on both local and global scales. Their expertise removes the complexities of restaurant expansion, empowering food brands to grow while ensuring operational quality and consistency.
Committed to innovation and inclusivity, Skope Kitchens strives to create a thriving food ecosystem that supports established businesses and aspiring entrepreneurs alike.
Mr. Warren Harris, CEO & MD, Tata Technologies.
"As we approach the Union Budget 2025, the technology and engineering sector is looking forward to measures that can propel India into its next phase of economic and industrial growth. To achieve the ambitious goals outlined in India's roadmap for a $5 trillion economy, the budget should prioritize innovation-driven policies, investments in emerging technologies, and the development of products in India—for India and the world.
Key growth drivers such as smart manufacturing, AI, digital transformation, and software-defined vehicles (SDVs) require strong government backing through incentives for R&D, skill development, and infrastructure enhancement. We recommend increased allocation toward upskilling initiatives aligned with Industry 4.0, creating a future-ready workforce capable of excelling in advanced technologies like AI, IoT, and cybersecurity. India's focus on sustainability and green mobility can benefit from policies encouraging the adoption and manufacturing of electric vehicles (EVs) and clean energy solutions. Streamlined GST norms and enhanced PLI schemes for EV components, high-tech manufacturing, and software services would catalyze growth. The budget can also emphasize fostering global competitiveness by introducing fiscal incentives for exports of engineering and technology solutions, strengthening India's role as an innovation hub. Moreover, programs like Make-in-India and Engineer-in-India can attract significant foreign investment and foster self-reliance.
At Tata Technologies, we believe that a collaborative effort between industry and government is pivotal for achieving self-reliance, sustainable growth, and technological excellence. We are optimistic about the Union Budget 2025 and its potential to empower industries with the tools to lead the global technology landscape."
Mr. Avneet Singh Marwah, CEO, SPPL, a Kodak and Blaupunkt brand Licensee,"As a key player in India's TV manufacturing sector, we are eagerly awaiting the Union Budget 2025 and its potential to boost domestic manufacturing. We believe expanding the Production Linked Incentive (PLI) scheme for consumer electronics will enhance the competitiveness of Indian manufacturers globally, driving production capacity, innovation, and job creation.
We also hope the government will rationalize import duties on key components like display panels and semiconductors, reducing input costs and fostering more affordable, high-quality products.Indian TV market is degrowing by 13 percent year on year. Any increase in custom duty will hamper more
We expect the Budget to focus on improving the ease of doing business, access to credit, and promoting green manufacturing practices, all of which would support India's goal of becoming a global electronics hub.
With the right policy measures, including PLI expansion and custom duty adjustments, we are confident India's TV manufacturing sector will thrive and contribute significantly to the global electronics market."
Pre Budget Quote given by Rohith Reji, Co- founder and CEO at Neokred,"The upcoming Union Budget presents a critical juncture for India's fast rising fintech and digital payments ecosystem. We anticipate measures that further incentivize digital transactions, potentially through tax breaks or subsidies for digital payment platforms and users. Additionally, a focus on enhancing financial inclusion through digital means, including expanding access to credit and insurance products through digital channels, would be a welcome step. We also expect the government to address the evolving regulatory landscape for fintech especially the DPDP Act, fostering innovation while ensuring consumer protection and financial stability."