business

Sushil Motwani, Founder of Aytexcel Pvt. Ltd While the increased income tax ceiling in the Union Budget provides relief to the common man, the high duty and GST rates charged to importers remain unchanged, which, according to major importers, is a significant disappointment. Stating that they were expecting a major GST relaxation for premium products, Sushil Motwani, Founder of Aytexcel Pvt. Ltd, and the official India Representative for Formovie projectors, says…

by Mahesh Ravaria, CEO and Co-founder, Beauty Garage Professional The Union Budget 2025-26 brings a transformative push for startups, retail, and e-commerce, reinforcing India’s vision for innovation and self-reliance. The enhanced credit guarantee cover for startups—doubling from ₹10 crore to ₹20 crore with a moderated 1% guarantee fee for 27 focus sectors—will significantly improve access to capital and fuel entrepreneurial growth. The extension of tax…

Shaju Thomas, Chairman & MD, Popees Baby Care Products Pvt. Ltd. (Retail Sector) “This budget is all about consumption theme. Government of India’s increase in tax exemption limit to Rs. 12 lakhs would put more money in the hands of people and which should increase the pace of growth. More than one crore people are benefiting from this bold step of Government of India which…

Rajendra K Chodankar, Chairman, RRP S4E Innovations Ltd  “The 10% increase in the budget for Defence to Rs 6.81 lakh crore is indeed a major boost by the Government of India. The visionary thought process of the Government is well aligned on acquiring new defence systems in the face of security challenges. Government’s greater focus on purchasing more weapons, military hardware, aircrafts and warships and allocating lion share of…

Arvind Srinivasan, Chief Financial Officer, Thryve Digital LLP ”We welcome the government’s recognition of the vital role Global Capability Centres (GCCs) play in strengthening India’s economy. The introduction of a national framework to guide states in promoting GCCs—especially in emerging Tier 2 cities—is a significant step toward creating a more uniform and business-friendly ecosystem. By addressing key aspects like talent availability, infrastructure, and regulatory reforms,…

Sandeep Agarwal, India MD & Global CTO, Visionet Systems “The announcement of a dedicated Center of Excellence (CoE) in AI for education, with the outlay of 500 crores, is a game-changing step towards developing India’s next generation of innovators and problem solvers. AI is set to transform education by making learning more personalised, adaptable, and accessible. These centres will act as essential hubs for research, training, and…

Dilip Sawhney, Managing Director, Rockwell Automation India “We commend the Union Budget 2025 for its strategic focus on empowering Micro, Small, and Medium Enterprises (MSMEs), which are crucial to India’s growth narrative. With more than 5.7 crore MSMEs contributing 36% of the nation’s manufacturing output and 45% of exports, these businesses play a vital role in enhancing India’s status as a global manufacturing hub. The budget paves the way…

As the Indian real estate market continues its upward trajectory, 2025 is expected to be a landmark year for property investments. With growing infrastructure developments, improved connectivity, and evolving buyer preferences, certain locations in Mumbai stand out as top investment destinations. Industry leaders share insights on why these areas are poised for significant growth. Mulund: The Gateway to Luxury Living Known as the ‘Prince of…

Hyderabad, February 04th, 2025: The Cement Manufacturers’ Association (CMA) welcomes the Union Budget 2025-26 presented by the Honourable Finance Minister Smt Nirmala Sitharaman. CMA Member Companies have been at the forefront of nation building by significantly contributing to infrastructure development, employment generation, and economic growth. CMA belives that the Budget presents a commendable vision for […] The post Cement Industry Secures Strong Role in Nation…