Budget's policies will drive innovation, support MSMEs: MD Yudo India
Bhubaneswar (01/02/2025): With the Budget 2025-26 placing a strong emphasis on strengthening India’s manufacturing ecosystem, Vishal Agarwal, MD, Yudo India, offered insights on how the budget’s policies will drive innovation, support MSMEs, and enhance India’s global manufacturing competitiveness, and Lancy Barboza, MD, Flomic Global Logistics, highlighted key takeaways for manufacturing, MSMEs, logistics, and exports.
Budget 2025 reinforcing India's focus on deep tech, AI, and infrastructure, we wanted to share perspectives from industry leaders at Kaushik Khona, the Managing Director of CS Tech Ltd.and Satyabrata Satpathy, CEO & Co-founder,BonV Aero on how these initiatives will drive innovation and economic growth. The Budget 2025-26 strengthens India’s manufacturing ecosystem with policies supporting MSMEs, exports, and advanced technology.
The National Manufacturing Mission and deep tech initiatives will drive innovation in industrial automation and smart manufacturing.
Enhanced credit access for MSMEs and infrastructure investments will boost production efficiency and global competitiveness.
The focus on clean tech manufacturing, including EV batteries and solar panels, aligns with sustainable industry growth.
These measures create opportunities for manufacturers to scale, adopt new technologies, and contribute to India's position as a global manufacturing hub– Vishal Agarwal, MD, Yudo India 2.Flomic Global Logistics- "Budget 2025-26 presents a strategic economic roadmap, with a strong push for MSMEs, logistics, and shipping.
The revised MSME classification thresholds and tailored credit solutions are expected to fuel sectoral growth and global competitiveness.
The ₹25,000 crore Maritime Development Fund and the Shipbuilding Financial Assistance Scheme mark a significant investment in India's maritime and logistics infrastructure, enhancing supply chain efficiency and trade.
With a clear focus on exports and infrastructure expansion, these measures create new opportunities for logistics players, fostering business scalability and deeper integration into global markets, said,Lancy Barboza, MD, Flomic Global Logistics. 3.
Bonv Aero -The Budget 2025-26 reinforces India’s commitment to deep tech innovation and startup growth.
The Deep Tech Fund of Funds will provide financial support to early-stage companies, fostering advancements in aerospace, AI, and manufacturing.
Initiatives like the National Manufacturing Mission, Production-Linked Incentive (PLI) Scheme, Credit Guarantee Scheme for Startups, and MSME support further strengthen India’s startup ecosystem.
With a focus on exports, infrastructure, and skill development, these reforms will help startups scale, integrate into global supply chains, and contribute to India’s economic growth." –Satyabrata Satpathy, CEO & Co-founder,BonV Aero. 4.CS Tech AI expressed happiness that the Finance Minister under the able Visionary leadership of Prime Minister Narendra Modi delivered a bouquet of excellent initiatives for the sustainable growth and development of the Indian Economy and more so in the infrastructure and Geo Spatial segments. While the capex outlay in the budget has exceeded Rs.10 lakhs crore- which is resounding to provide impetus to the infrastructure growth, the initiatives of the enables like starting a National Geospatial Mission to develop foundational geospatial infrastructure and data.
Using PM Gati Shakti, this Mission is proposed to facilitate modernization of land records, urban planning, and design of infrastructure projects.
Similarly, and clarity to continue the Jal Jeevan Mission with greater emphasis is welcome measure.
Since 2019, 15 crore households representing 80 per cent of India’s rural population have been provided access to potable tap water connections.
To achieve 100 per cent coverage, Finance Minister was pleased to announce the extension of the Mission until 2028 with an enhanced total outlay.
She emphasised that t Mission’s focus will be on the quality of infrastructure and O&M of rural piped water supply schemes through “Jan Bhagidhari”.
Separate MoUs will be signed with states/UTs, to ensure sustainability and citizen-centric water service delivery.
